Cedars Sinai Buys 74,301 SQFT Medical Office Building in Torrance for $37.8MM 

Los Angeles, Torrance, Cedars Sinai, Torrance Memorial Medical Center, UCLA Center for East-West Medicine, South Bay

By Catherine Sweeney 

Cedars Sinai is continuing to expand its presence throughout the Greater Los Angeles’ South Bay region. In a deal that took place at the end of April but was only recently recorded, Cedars Sinai acquired a 74,301 square-foot medical office building in Torrance for $37.8 million. Property records show that the seller in the transaction was a family trust associated with David Buxton, Pamela Smith and George Smith. 

The building is located at 3440 Lomita Boulevard and was built in 1973. The property is located just off State Route 107 in an area flooded with medical offices and hospitals, including UCLA Center for East-West Medicine and several other smaller doctor’s offices. 

The property is also immediately next to the Torrance Memorial Medical Center, located at 3300 Lomita Boulevard. Torrance Memorial Medical Center is a 512-bed, nonprofit medical center, which provides a number of health care services to the South Bay region. 

In 2018, Torrance Memorial joined forces with Cedars-Sinai Health System as an affiliate of the nonprofit healthcare provider to aid in the medical center’s pursuit of providing greater access to healthcare throughout the region.  

Cedars Sinai has been a part of the Los Angeles community since it was started in 1902 as a 12-bed hospital in the city’s Angelino Heights neighborhood. Cedars-Sinai Medical Center, the nonprofit healthcare organization’s main campus, is an 866-bed hospital located at 8700 Beverly Boulevard. 

However, Cedars Sinai is now located in 40 locations throughout Los Angeles.  

Overall, the health system servees more than 1 million people each year and employs more than 4,500 physicians.