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245 South Grand Ave (House), Los Angeles, Los Angeles County, CA
Bunker Hill District was developed during the first waves of real-estate speculation and boom that came with the extension of Southern Pacific Railroad to Los Angeles in 1876, and the construction of the Santa Fe Railroad, completed in 1886; and came to an urgent abrupt recession with the bursting of the bubble in 1888. Large mansions of the wealthy, designed in the flamboyant styles that were the fashion of the time, were constructed on Bunker Hill, giving way in the 90s to homes for the professional class, and finally, after 1900, to residential hotels and apartment buildings... ... Read More Read Less
245 South Grand Ave (House), Los Angeles, Los Angeles County, CA
Bunker Hill District was developed during the first waves of real-estate speculation and boom that came with the extension of Southern Pacific Railroad to Los Angeles in 1876, and the construction of the Santa Fe Railroad, completed in 1886; and came to an urgent abrupt recession with the bursting of the bubble in 1888. Large mansions of the wealthy, designed in the flamboyant styles that were the fashion of the time, were constructed on Bunker Hill, giving way in the 90s to homes for the professional class, and finally, after 1900, to residential hotels and apartment buildings... ... Read More Read Less
Posted Date
Sep 27, 2021
Source Name
Library of Congress
