@CalamityJane,
Well, you know what I think, so I won't elaborate.
On the cove photo I linked, and that I whined about, I think those buildings were later built a bit south around the curve from where I lived and south from where the monstrosity still reposes. More toward what we called Shell Beach or south of that.
A side point, my landlord in the victorian used to commute from there to hollywood each day, and he was an old guy then. Well, hell, I was 22-23, so he might only have been sixty. Heh.
Hmmm, maybe I can find something about them in the local news archives.