Jim Buss’ L.A. Live penthouse bounces back on the market with higher price

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Lakers part-owner Jim Buss has upped the price on his Downtown L.A. penthouse to $7.3 million, up from $6.495 million.

Completed in 2010, the 54-story hybrid tower consists of 214 condominiums as well as 123 Ritz-Carlton Hotel rooms and 878 J.W. Marriott hotel rooms. The project received a design concept award at the 38th Annual L.A. Architectural Awards, which touted its innovation and efficiency.

Buss, 60, bought his unit in 2013 for $4.05 million. Others who live in the building include former Lakers guard Lonzo Ball and Clippers star Kawhi Leonard. The son of late businessman and Lakers majority owner Jerry Buss, Buss previously served as executive vice president of basketball operations for the team. He was relieved of his duties in 2017 as part of an organizational shakeup.

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