Ocean Development Inc.
3982 S Figueroa St Ste 210 Sunset Beach, CA 11–50 employees 2 principals
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About Ocean Development Inc.
Ocean Development Inc. is a real estate operator headquartered in 3982 S Figueroa St Ste 210 Sunset Beach, CA.
Ocean Development, Inc. is a full‑service real estate development company based in Wilmington and South Los Angeles, California, operating for over 30 years and backed by more than 100 years of combined staff experience. Since inception, the company has constructed and managed over 2,000 residential units, including completion of its 1,000th new development in Los Angeles by 2017. Its sister firm, Ocean Properties, Inc., currently manages those more than 2,000 units across over 1,000 properties, with ownership interest in over 400 of them. The firm focuses exclusively on affordable housing development, primarily building four‑ and five‑bedroom duplexes in South Los Angeles. These units are designed for working families and many qualify under HUD’s Section 8 rental assistance, where eligible tenants pay about 30 % of gross income toward rent.
Principals at Ocean Development Inc.
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