Family members have identified the suspect as Honeycutt, according to multiple news outlets in Los Angeles.
LAPD SWAT officers went into the home and discovered the unidentified man's body early Saturday morning after shots were fired. Honeycutt then barricaded himself inside a residence for hours, according to police.
LAPD then reported that a SWAT team entered the residence to find Honeycutt dead on the scene. At the time of his death, he was playing for the club BC Khimki in Russian Federation. Several residents in the area had been evacuated as a precaution.
The officers returned fire, but none was injured in the shooting, authorities said.
After being waived by the Rockets, Honeycutt went to Europe, where he most recently played with BC Khimki in Russian Federation.
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The Los Angeles Police Department said an unnamed suspect appeared to have died of a "self-inflicted gunshot", after reportedly firing on officers.
Honeycutt played college basketball for the Bruins from 2009 to 2011 and was drafted in the second round of the NBA draft in 2011 by the Sacramento Kings.
USA media report it was the former Sacramento King's player, who was on contract for Moscow's BC Khimki. "LAFD responded & pronounced the male dead at scene", Rubenstein said.
He played brief spells for the Reno Bighorns before moving to the Houston Rockets.
Honeycutt, 27, was the No. 28 ranked player in the country coming out of Sylmar High School in California. He also spent a year playing for Anadolu Efes, a Turkish squad, before returning to Khimki in 2017.