"Oil Island" was located on La Cienega Blvd., between Beverly and 3rd Street. The wooden derrick was originally constructed in 1907 in the middle of a bean field. When the city extended La Cienega to Sunset Blvd., there was a dispute over the cost of the well, so the city built around it. In 1946, an agreement was struck and the well was dismantled. (Bizarre Los Angeles)

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