The 3,263-square-foot house, built in 1983, is in East Manhattan Beach.
Ms. Buss, daughter of Los Angeles Lakers owner Jerry Buss, serves as the executive vice president of business operations for the L.A. Lakers.
Mr. Pavone has served as president for T.G. Construction Inc., a regional general contractor with offices in El Segundo and Newbury Park.
According to BlockShopper.com, there have been 256 home sales in Manhattan Beach during the past 12 months, with a median sales price of $1.4 million.
Address: 11 Chatham
Buyer(s): Jeanie Buss
Seller(s): Karen M Pavone (Trustee), Stephen and Karen Pavone (Trustee) (Living Trust) and Stephen D Pavone
Sale date: Feb. 25, 2010