And it will likely go for the same amount as a teardown in Dunbar.
How's this for a story. In 1939 a couple—George and Selma Sturges—hire Frank Lloyd Wright, then the most famous architect in the world, to design them a home in Los Angeles. The supervising architect is a then unknown, named John Lautner. They live happily in the house. In 1967 the house is sold to screenwriter James Bridges and actor Jack Larson who then hire the now very famous Lautner to oversee the renovation/restoration of the joint. According to an article in the New York Times the roof has always leaked, but when you can snag a house in the exclusive Brentwood neighbourhood of L.A. that was done by two of the greatest architects of all time, what's a little spilled water? The estimate? $2,500,000 to $3,000,000, which, while expensive is less than a condo in the Shangri-La. All the information on the auction is listed here.