Lakers’ Jim Buss is in the housing game (Photos)
Lakers executive and owner Jim Buss has been in a housing buy-sell mode involving six properties across two counties in the last several months.
For sale in Orange County is his ocean-view home in the Monarch Bay area of Dana Point. Listed at $4.795 million, the four-bedroom, six-bathroom house has two fireplaces and 3,808 square feet of living space. There’s mosaic-tile swimming pool and an infinity-edge spa overlooks the Pacific. The Santa Fe-inspired home, built in 1972, is listed with Kindy Slagle of HOM Sotheby’s International Realty.
On the buy side in Los Angeles County, he paid $4.05 million for a condo in a high-rise building near Staples Center. The three-bedroom, 3.5-bathroom unit has 4,299 square feet of living space. Building amenities include a rooftop swimming pool, a fitness center and valet and concierge services. Billy Rose and Mauricio Umansky of the Agency handled the transaction.
And he’s also dropped more than $13.5 million on four properties at the Strand at Headlands, a development of custom homes and sites above the beach in Dana Point. Public records show same-days closings on a nearly half-acre lot for $2.25 million and a quarter-acre lot for $2.5 million.
A Tudor along the water of Toluca Lake
Adjoining lot purchases include a 6,000-square-foot Mediterranean-style house with five bedrooms and five bathrooms for $4.78 million and a 4,560-square-foot French country estate with four bedrooms and five bathrooms for $4 million. Jeff Golden and Chad Sherman of White Sand Realty were the listing agents. Slagle represented Buss in the deals.
Buss, 45, has been taking some heat recently for problems on the court from former Lakers great Magic Johnson, The Times reported. He is the son of the late Jerry Buss, who is widely credited with making the NBA one of the most successful pro leagues.
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