Lakers part-time owner, Jim Buss, took another opportunity to bring down his penthouse in Downtown L.A.
Southeast corner unit at Ritz-Carlton Residences on L.A. Live returned to the market at a price of $ 7.3 million. That’s a $ 900,000 increase from the previous year asking for prices but down $ 1.5 million from when it was first registered in 2016: $ 8.8 million.
A three bedroom residential, 3 ½ bathrooms have ceiling-high windows that offer views of the city, mountains and sea in almost every room. A 4,300 square feet living room accommodates an office / work space with built-in, an updated kitchen, and an open-concept living and dining room. A separate sitting room is located in the main room.
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There is a gallery wall.
(Juwan Li Photography)
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Living room / dining room.
(Juwan Li Photography)
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Kitchen in the middle of the island.
(Juwan Li Photography)
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This unit has an open concept space.
(Juwan Li Photography)
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Bathroom.
(Juwan Li Photography)
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See below.
(Juwan Li Photography)
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The Ritz-Carlton Residences and Staples Center.
(Juwan Li Photography)
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Aerial view of L.A. Live.
(Juwan Li Photography)
Completed in 2010, the 54-storey hybrid tower consists of 214 condos and 123 Ritz-Carlton Hotel rooms and 878 J.W. Marriott hotel room. This project received a design concept award at the LA Architecture Award. 38 years, which is touted innovation and efficiency.
Buss, 60, bought the unit in 2013 for $ 4.05 million. Others who lived in the building included former Lakers guard Lonzo Ball and Clippers star Kawhi Leonard.
The son of the late Lakers entrepreneur and majority owner, Jerry Buss, Buss previously served as executive vice president of basketball operations for the team. He was released from his duties in 2017 as part of an organizational overhaul.
Nicholas P. O’Malley of Coldwell Banker Residential Brokerage holds listings.
