Ron Burkle bought Ennis House for $4.5m, spent up to $17m restoring it
Billionaire investor Ron Burkle acquired the iconic Ennis House, designed by Frank Lloyd Wright, at a bargain due to its deteriorated state. After pouring approximately $17 million into comprehensive renovations, the property was exquisitely restored and listed for $18 million in 2024. This impressive sale established a new benchmark for architecturally significant homes, underscoring the…
Billionaire investor Ron Burkle acquired Frank Lloyd Wright’s Ennis House in Los Feliz for approximately $4.5 million in 2011, considerably below its original asking price of $15 million. The landmark had been damaged by earthquakes and heavy rains, prompting Burkle to invest up to $17 million in a comprehensive restoration. The project involved repairing structural cracks, rebuilding decorative concrete blocks, and updating mechanical systems, ultimately resulting in the fully restored home selling for $18 million in 2024.
The Ennis House, built in 1923 and completed in 1924, is the largest of Wright’s four textile-block houses in Los Angeles and features a Mayan-revival aesthetic created by over 27,000 interlocking concrete blocks. Its architectural significance and hillside location have made it a prominent Los Angeles landmark and a frequent filming location, despite the wear and tear from its use.
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