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On one occasion, 107 homes were sold in just one hour. [8] The monthly cost was $44 to $56, including principal, interest and insurance. The building of Lakewood broke records. Empty fields became 17,500 houses in less than three years. A new house was completed every 7 + 1 ⁄ 2 minutes, 40 to 60 houses per day, with a record 110 completed in ...
The California Department of Housing and Community Development (HCD) is a department within the California Business, Consumer Services and Housing Agency that develops housing policy and building codes (i.e. the California Building Standards Code), regulates manufactured homes and mobile home parks, and administers housing finance, economic development and community development programs.
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Several houses had been built in the rural area known as Lakewood Village. The houses were favored with a pleasant setting and the proximity of the Lakewood Country Club. It has been suggested that Bouton Lake, located on the golf course and formed in 1895 when drilling operations opened an artesian well, is the source for the name “Lakewood.”