LOS ANGELES, May 08, 2017 -- Ocean Development, Inc. has again been ranked as the second largest residential developer by the Los Angeles Business Journal with sales of over 200 units in Los Angeles County. Notably, these sales have been targeted to a critically underserved market; affordable homes for the working-class community in Los Angeles County.
“What makes Ocean completely unique is that all of our redevelopments and sales take place South of the 10 freeway in Los Angeles. We have been working the same neighborhoods for over 20 years, creating affordable, family-ready homes in areas that have long been neglected by others,” said Amy Cyprus, President of Ocean Development, Inc.
Ocean Development, Inc. has constructed well over 1,000 units in South Los Angeles, all with off-street parking, modernized kitchens and spacious living quarters. By working closely with the community, local elected officials and neighborhoods, Ocean has been able to help working families move from apartments, to affordable housing. As the dynamics and needs of the modern family change, Ocean has adapted their architecture and layouts to create more livable, comfortable and safe housing.
Cyprus also noted that “Ocean Development has taken steps to ensure that the neighbors adjacent to our projects are also taken care of. Frequently we will repair an old fence, repave a driveway and always leave the area looking better than when we started. In addition to creating a well-built home, we pride ourselves on making neighbors and the community happy. We look forward to serving our communities and improving neighborhoods.”
About Ocean Development, Inc. Ocean Development, Inc. is a full service real estate development company, which develops, constructs, owns, and sells residential housing units. Its sister company, Ocean Properties, Inc., offers full service management to over 1200 units consisting of over 600 properties in the south Los Angeles area. Our mission is to provide the highest quality of affordable homes and duplexes in the south L.A. area. Our management and staff are highly qualified in the real estate investing and property management arena with more than 100 years of collective experience.
Eric W. Rose (213) 741-1500 X 525 or [email protected]


Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 



