Billionaire Ron Burkle bought Frank Lloyd Wright’s earthquake-damaged Ennis House for about $4.5 million, roughly 70% below its original ask, then spent up to $17 million restoring it before it sold for $18 million
Photo credit (L-R): Burkle Foundation and the MLS Billionaire investor Ron Burkle purchased Frank Lloyd Wright’s Ennis House in Los Feliz for about $4.5 million in 2011, roughly 70 percent below its original asking price, after the landmark had been damaged by earthquakes and heavy rains. He then spent up to $17 million on a…
