Lakewood Village, or simply known as The Village, is a neighborhood in the northeast portion of the city of Long Beach, California. It is bordered on the west, north and east sides by the City of Lakewood. It is located south of Del Amo Boulevard, north of Carson Street, east of Lakewood Boulevard and west of Bellflower Boulevard. History Between 1869 and 1897, the Rancho Los Cerritos land skyrocketed in value - from $5,000 for the entire ranch in 1869, to $50 an acre in 1897—when the Bixby Investment Company sold to the brothers William A. Clark and J. Ross Clark of Montana. In 1897, the Clarks purchased 8,139 acres of rancho land for $405,000. The land extended from Signal Hill to Bellflower and from Cherry Avenue to the San Gabriel River. In 1904, the future sites of the City of Lakewood and of the Lakewood Village in the City of Long Beach came under the ownership of the Clarks' newly formed Montana Land Company. The farming operation was named "Montana Ranch", with 2,000 acres of the land devoted to sugar beets and the remainder of the acreage was devoted to raising alfalfa and to pasture for dairy cattle and sheep. When William A. Clark and his brother J. Ross Clark died (in 1925 and 1936 respectively), management of the Montana Ranch passed to J. Ross Clark's nephew, Clark J. Bonner, a Los Angeles insurance executive. When the Los Alamitos sugar mill closed in 1926, due to declining beet production, Bonner envisioned turning part of the Montana Ranch into an upper-middle-class suburb to take advantage of the local real estate boom due to the discovery of oil wells. The new subdivision was a leisurely commute from downtown Long Beach, removed from the smells and noise of the oil fields around Signal Hill, and 25 miles away from downtown Los Angeles. By the early 1930s, Bonner has filed his plans and turned to noted Charles B. Hopper to subdivide the land and sell house lots. In August 1932, the Los Angeles Times announced "Huge New Tract Launched; 9,000 Acre Development Near Los Alamitos Being Built Around Golf Course Project." It is suggested that Bonner selected the name "Lakewood" because 1) the land featured boggy remains of the former Bouton Lake, and 2) he named it after the winter resort of Lakewood, New Jersey where his uncle William A. Clark had built