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Johnny Buss Buys Pacific Palisades Land | Venice Beach News
Description
Johnny Buss, Lakers heir and real estate mover, just dropped $7.1 million on a 15,000-square-foot Pacific Palisades lot—once home to a fire-ravaged office/retail building—that’s now cleared and zoned for commercial mixed-use, right next to the newly reopened Palisades Village. The land’s previous owner, Optimus Properties, called it quits after years of battling LA’s shifting business climate. With the market always in flux, this move signals another big play in the area’s evolving skyline—and we’re all waiting to see what rises from the ashes.
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