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Los Angeles Investment Company

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Founded in 1899 by Charles Abbott Elder and his partners, the Los Angeles Investment Company (LAIC) quickly established itself as a significant player in real estate development across Southern California. Elder envisioned an approach that made homeownership accessible to middle-class individuals, relying on a model where small investors could pool funds to support large-scale property development. By promoting installment payment options, LAIC allowed everyday citizens to become homeowners, especially during a period of rapid growth in Los Angeles.

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42-462: The company gained prominence by designing and constructing affordable " Modernized Bungalows ", which were well-suited to the local climate. These homes featured in the LAIC’s publication, Modern Homes of California , which showcased architectural designs and construction details, appealing to families looking for cost-effective housing solutions. LAIC’s ambitious projects were supported by its subsidiary,

84-415: A "bungalow with a capital 'B ' ". The bungalow became popular because it met the needs of changing times in which the lower middle class were moving from apartments to private houses in great numbers. Bungalows were modest, inexpensive and low-profile. Before World War I , a bungalow could be built for as little as $ 900 although the price rose to around $ 3,500 after the war. Bungalow designs were spread by

126-675: A bungalow as the one designed by the San Francisco architect A. Page Brown in the early 1890s. However, Brown's close friend, Reverend Joseph Worcester (1836-1913), designed a bungalow for himself and erected it at 555 Blair Ave, atop a hill in Piedmont, California , in Oakland, California , across the bay from San Francisco , in 1877–78. The bungalow influenced Bernard Maybeck , Willis Polk and other San Francisco architects, and Jack London , who rented Worcester's house from 1902 to 1903, called it

168-536: A full complement of the style's features, are in particular demand in many markets. Many ranch-style neighborhoods are now well-established, with large trees, and the houses often have owner modifications that add individual character to the fairly uniform style. As these houses were mostly built between 1945 and 1970, they have modern infrastructure and their heating/cooling systems, wiring, plumbing, windows, doors, and other systems can all be easily repaired and upgraded. Small-scale tract building of ranch houses ended in

210-682: A high concentration of California bungalows include: Belmont Heights in Long Beach , the Wood Streets in Riverside , Bungalow Heaven , Highland Park in Los Angeles , and North Park (site of the " Dryden District ") in San Diego . Separate from the main building, The Beverly Hills Hotel has 23 garden bungalows containing guests rooms and suites. Examples of neighborhoods in other U.S. states include:

252-461: A house they can navigate easily as they age. The houses' uniquely American heritage, being an indigenous design, has furthered interest as well. The houses' simplicity and unpretentious nature, in marked contrast to the more dramatic and formal nature of neo-eclectic houses, makes them appealing for some buyers. The more distinctive ranch houses, such as modernist Palmer and Krisel , Joseph Eichler and Cliff May designs, as well as custom houses with

294-594: A later date, in response to increased street noise. A "California" bungalow (except in Australia, see below) is not made of brick, but in other bungalows, most notably in the Chicago area, this is commonplace due in large part to the weather. A variation called the " Airplane Bungalow " has a much smaller area on its second floor, centered on the structure, and is thought to look like the cockpit of an early airplane . True bungalows do not include quarters for servants, and have

336-450: A residential style in the 1920s, the ranch was extremely popular with the booming post-war middle class of the 1940s to the 1970s. The style is often associated with tract housing built at this time, particularly in the southwest United States, which experienced a population explosion during this period, with a corresponding demand for housing. The style was soon exported to other nations and became popular worldwide. Its popularity waned in

378-499: A return to nature. A variety of firms offered precut homes, which were shipped by rail or ship and assembled on site. These were most common in locations without a strong existing construction industry, or for company towns, to be built in a short time. The majority of bungalows did include some elements of mass production; typically doors, windows, and built-in furnishings such as bookcases, desks, or folding beds were sourced from lumber yards or from catalogs. Bungalows can be found in

420-538: A simple living room , entered directly from the front door, in place of parlors and sitting rooms , as well as a smaller kitchen . The focal point of the living room is the fireplace , and the living room often has a broad opening into a separate dining room . All common areas are on the first floor with cozy atmospheres. Though the ceilings are lower than in homes of Victorian architecture , they often feature redwood beams and are usually higher than in ranches and other homes built later. Attics are located under

462-410: Is a two-story house in which a finished basement serves as an additional floor. It may be built into a slope to utilize the terrain or minimize its profile. For a house to be classified by realtors as a raised ranch, there must be a flight of steps to get to the main living floor – which distinguishes it from a split-level house . The ranch house style was adapted for commercial use during the time of

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504-609: The Ashgrovian Queenslander (the idea being to protect against flooding, create a shaded area and to allow free movement of air in the hot climate). Key practitioners of the California bungalow style were Peddle and Thorp, Kenneth B. Milne, Alexander Stewart Jolly and Cedric Ballantyne. One of the outstanding examples was Jolly's Belvedere in the Sydney suburb of Cremorne . Belvedere is heritage-listed. The Californian bungalow

546-919: The Avenues District in Salt Lake City ; Westwood Park, San Francisco ; Midtown Columbus, Georgia ; Virginia Highland and Candler Park , Atlanta ; Houston Heights in Houston ; Park Hill and Washington Park in Denver; Takoma Park, Maryland , and Takoma, Washington, D.C. ; Cherrydale and other neighborhoods in Arlington County, Virginia ; Del Ray in Alexandria, Virginia ; Historic Kenwood in St. Petersburg, Florida ; The Garden District in Baton Rouge, Louisiana ; and

588-692: The Elder Building Material Company , which provided necessary construction materials for the development of entire neighborhoods. Through this business model, the LAIC expanded quickly, becoming one of the largest cooperative development companies in the region by the early 1910s. Despite their early success, the LAIC faced financial difficulties in the mid-1910s, culminating in the sale of their iconic headquarters building at Eighth and Broadway in Los Angeles to Charles C. Chapman in 1920. Nonetheless,

630-611: The American Western period of wide open spaces to create a very informal and casual living style. While the original ranch style was informal and basic in design, ranch-style houses built in the United States (particularly in the Sun Belt region) from around the early 1960s increasingly had more dramatic features such as varying roof lines, cathedral ceilings, sunken living rooms, and extensive landscaping and grounds. First appearing as

672-641: The West University Neighborhood in Tucson, Arizona . The Californian bungalow style was particularly popular in Australia from 1913 onwards. This period coincided with the rise of the Hollywood film industry, which popularised American clothes, furniture, cars and houses, and also with the increased importation of U.S. architectural magazines into Australia, a society which previously had been heavily influenced by British domestic styles. "...the concept of

714-491: The Western states and, usually, as individual custom. Beginning in the late 1990s, a revival of interest in the ranch style house occurred in United States. The renewed interest in the design is mainly focused on existing houses and neighborhoods, not new construction. Younger house buyers find that ranch houses are affordable entry level homes in many markets, and the single story living of the house attracts older buyers looking for

756-403: The bungalow as a cheap and attractive form of permanent suburban housing for the masses was stimulated by a variety of economic and social factors." Timber versions of the bungalow were a low cost solution to shortages in housing and the California designs suited the growing suburbs of the larger cities in southern Australia. Having a similar climate to that of California the designs also reflected

798-527: The company left a lasting impact on the urban landscape of Los Angeles by helping shape the city’s suburban housing market and contributing to the spread of bungalow-style homes. In 1913, buoyed by the completion of the Los Angeles Aqueduct, the LAIC embarked on an ambitious real estate project in Baldwin Hills, part of land previously owned by Elias J. "Lucky" Baldwin. Elder envisioned creating one of

840-483: The facade of the California ranch house. Ranch houses of the 1940s and 1950s are typically more deliberately themed in nature than those of the 1960s and 1970s, with features such as dovecotes , Swiss board edging on trim, and generally western and even fantasy trim styling. From the mid-1960s onward, the ranch house echoed the national trend towards sleekness in design, with the homes becoming even simpler and more generic as this trend continued. Prominent features are of

882-693: The first half of the 1900s. Resurgent interest in the American Arts & Crafts or American Craftsman movement and the emergence of special-interest publications such as American Bungalow magazine have contributed to the bungalow's recent popularity. Rising house prices nationwide through the late 1990s and early 2000s as well as the central and convenient location of many bungalow-heavy urban neighborhoods have further fueled demand for these houses; as one example, some three-bedroom bungalows in San Diego can sell for $ 650,000 to $ 700,000, or more. The strength of

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924-476: The garage doors were not dominating the front of the house. Breaking Bad creator Vince Gilligan specified that Walter White 's house in the television series be a Rancher. In an early draft of the script for the series' pilot episode , he described the house as "a three-bedroom RANCHER in a modest neighborhood. Weekend trips to Home Depot keep it looking tidy, but it'll never make the cover of ' Architectural Digest '." The real house used to film exteriors in

966-589: The house of choice, and had been eclipsed by the neo-eclectic styles of the late 20th century. Very late custom ranch houses of the later 1970s begin to exhibit features of the neo-eclectics, such as dramatically elevated rooflines, grand entryways, and traditional detailing. These neo-eclectic houses typically continue many of the lifestyle interior features of the ranch house, such as open floor plans, attached garages, eat-in kitchens, and built-in patios, though their exterior styling typically owes more to northern Europe or Italy or 18th and 19th century house styles than

1008-489: The large " ultimate bungalow " houses of designers like Greene and Greene . California bungalows became popular in suburban neighborhoods across the United States , and to varying extents elsewhere, from around 1910 to 1939. Bungalows are 1- or 1 + 1 ⁄ 2 -story houses, with sloping roofs and eaves with unenclosed rafters , and typically feature a dormer window (or an attic vent designed to look like one) over

1050-403: The largest and most impressive residential developments in Los Angeles, consisting of thousands of homes, parks, and schools, with an estimated investment of $ 15 million in improvements. However, financial difficulties soon arose. Despite his optimistic public statements, Elder's ventures began to falter, leading to a suspension of dividends and declining stock values. By the end of 1913, the LAIC

1092-404: The late 1960s, a move away from Googie and Modernism and ranch houses towards more formal and traditional styles. Builders of ranch houses also began to simplify and cheapen construction of the houses to cut costs, eventually reducing the style down to a very bland and uninteresting house, with little of the charm and drama of the early versions. By the late 1970s, the ranch house was no longer

1134-542: The late 1970s and early 1980s. Those still built today have usually been individual custom houses. One exception is a tract of ranch-style houses built on and adjacent to Butte Court in Shafter, California, in 2007/08. These houses borrowed their style cues from the 1950s Western-styled ranch houses, with board and batten siding, dovecotes, large eaves, and extensive porches. Notably, all houses in this tract were on 1/4-acre lots, and had their front garages turned sideways so that

1176-419: The late twentieth century as neo-eclectic house styles featuring historical and traditional decoration became more popular. Preservationist movements have begun in some ranch house neighborhoods, reinforced by an interest in the style from a younger generation who did not grow up in such homes. This revival has been compared to that which other house styles such as the bungalow and Queen Anne experienced in

1218-537: The local housing market must be considered, however, as many bungalows in Detroit, Michigan , have been abandoned and are being razed. Ranch-style house Ranch (also known as American ranch , California ranch , rambler , or rancher ) is a domestic architectural style that originated in the United States. The ranch-style house is noted for its long, close-to-the-ground profile, and wide open layout. The style fused modernist ideas and styles with notions of

1260-510: The main portion of the house. Ideally, bungalows are horizontal in massing, and are integrated with the earth by use of local materials and transitional plantings. This helps create the signature look typically associated with the California bungalow. Bungalows commonly have wood shingle , horizontal siding or stucco exteriors, as well as brick or stone exterior chimneys and a partial-width front porch. Larger bungalows might have asymmetrical L-shaped porches. The porches were often enclosed at

1302-486: The older neighborhoods of most American cities. In fact, they were so popular for a time that many cities have what is called a "Bungalow Belt" of homes built in the 1920s. These neighborhoods were often clustered along streetcar lines as they extended into the suburbs. Bungalows were built in smaller groups than is typical today, often one to three at a time. Examples of neighborhoods in Southern California with

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1344-511: The original ranch house style include: Constructing a one-story ranch-style house requires a larger space and significant formwork, including foundation, roofing, windows, and various materials. In contrast, a two-story ranch home will save space, allowing for more square feet of living space on the same footprint. Variants include the California Ranch, Suburban Ranch, Split-Level Ranch, Raised Ranch and Storybook Ranch. The raised ranch

1386-408: The practice of building from mail-order plans available from illustrated catalogs, sometimes with alterations based on local practice or conditions. Contractors and builders would sell the catalogs at a low cost and in some cases, give them away for free. They contained pictures and drawings of artistic bungalows. The style was also connected with the desire to find relief from modern technology through

1428-481: The ranch house. Neo-eclectic houses also have a significant level of formality in their design, both externally and internally, the exact opposite of the typical ranch-style house. Additionally, the increase in land prices has meant a corresponding increase in the number of two-story houses being built, and a shrinking of the size of the average lot; both trends inhibit the traditional ranch house style. Ranch style houses are occasionally still built today, but mainly in

1470-552: The requirements of Australians who needed to cater for relatively warm summers and mild winters. The bungalow in Australia underwent regional adaptations, often being built in the local red brick in Melbourne and the local liver-coloured brick of Sydney , and in limestone in South Australia . The bungalow was also constructed out of timber – in tropical Queensland these were raised on high (2.4 m (8 ft)) stilts as

1512-648: The sloping roof. The bungalow actually traces its origins to the Indian province of Bengal , the word itself derived from the Hindi bangla or house in Bengali style. The native thatched roof huts were adapted by the British , who built bungalows as houses for administrators and as summer retreats. Refined and popularized in California , many books list the first California house dubbed

1554-468: The style to accommodate the individual needs of the owner/occupant, combined with the very modern inclusion of the latest in building developments and simplicity of the design, satisfied the needs of the time. Ranch houses were built throughout America and were often given regional facelifts to suit regional tastes. The "Colonial Ranch" of the Midwest is one such noted variant, adding American Colonial features to

1596-468: The style's popularity. As the concept of a "drive-in" shopping center was being created and popularized, the ranch style was a perfect style to fit into the large tracts of ranch homes being built. Commercial ranch buildings, such as supermarkets and strip malls, typically follow the residential style with simple rustic trim, stucco or board and batten siding, exposed brick and shake roofs, and large windows. American tastes in architecture began to change in

1638-498: The twentieth century. The 20th-century ranch house style has its roots in Spanish colonial architecture of the 17th to 19th century. These buildings used single-story floor plans and native materials in a simple style to meet the needs of their inhabitants. Walls were often built of adobe brick and covered with plaster, or more simply used board and batten wood siding. Roofs were low and simple, and usually had wide eaves to help shade

1680-531: The windows from the Southwestern heat. Buildings often had interior courtyards which were surrounded by a U-shaped floor plan. Large front porches were also common. These low slung, thick-walled, rustic working ranches were common in what would become the southwestern United States . By the 1950s, the California ranch house, by now often called simply the ranch house or "rambler house", accounted for nine out of every ten new houses. The seemingly endless ability of

1722-607: Was also common in New Zealand during the latter 1910s and 1920s (e.g. Railway houses ), and is credited with starting a trend towards bungalows and influencing new local styles of bungalow in New Zealand during the early decades of the 20th century. The bungalow was so popular in California and Australia that very few houses were built in any other style during the 1920s. A range of other detailing influences, including Georgian Revival , Dutch Colonial Revival, Mission Revival , and Spanish Colonial Revival Styles became very popular in

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1764-505: Was reorganized, with a new management team taking over the company. Elder and several associates faced federal charges for mail fraud related to their solicitation of investments, and he was eventually convicted and served time in prison. California bungalow California bungalow is an alternative name for the American Craftsman style of residential architecture, when it was applied to small-to-medium-sized homes rather than

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