Ennis House Sold

Frank Lloyd Wright’s 1924 Ennis House sold in mid July for $4.5 Million.  At 6000 square feet, this is the largest of the four “Textile Block” houses designed by Wright in Los Angeles.
 
 
The home was a victim of years of neglect and the Northridge earthquake, sustaining millions of dollars damage as a result. The Ennis House Foundation, a nonprofit organization, was formed to raise funds to preserve the home and were able to extensive seismic work as well as restoration of many of the textile walls.  In 2005, the Art Deco Society of Los Angeles held a members only event in the home and donated money to the restoration of the house.
 
 
Founder of the investment firm Yucaipa Company, Ron Berkle purchased the Los Filez home from the Ennis House Foundation.  The original asking price for the home was $15 million, but the price continued dropping as the economy worsened and no qualified preservationist stepped forward to purchase and continue the restoration of the iconic home.  Burkle, who lives full time in London, also owns Greenacres, the estate of silent film star Harold Lloyd.