Monday, August 30, 2010
Who doesn't love a bargain? With a lot of history thrown in, who can resist?
Apparently many people can. In this case, the bargain is La Miniatura (shown above), a Frank Lloyd Wright house; the price has been slashed from $7.7 million to just under $5 million. And still no takers.
But there's more! Wright's Ennis House in Los Feliz is also up for sale, and the price for that has been cut in half, to under $8 million. Again, no one's buying.
Why? Who is willing and able to take care of these historic homes? The answer is complicated, of course. The Times' Column One feature explains, and says La Miniatura might even end up taken apart and shipped to Japan.
The Ennis House, shown below, was built for Mabel and Charles Ennis in 1924 on a hillside overlooking the city of Los Angeles.