Planned Parenthood Los Angeles has bought a 73,600-square-foot industrial and office building in Historic South Central for $37.9 million.
The healthcare nonprofit purchased the 2.4-acre property at 320 and 336 West 31st Street, just off the 110 Freeway, the Commercial Observer reported, citing local property records.
The seller was New York-based Fortress Investment Group, which bought the building near USC in 2021 for $22.8 million.
The price works out to $515 per square foot.
It’s not clear if Planned Parenthood L.A., the largest nonprofit in Los Angeles County, will employ its 25,400 square feet of offices for a future headquarters.
Planned Parenthood Los Angeles is based at 400 West 30th, down the street, and is an affiliate of Planned Parenthood Federation of America, based in New York and Washington, D.C.
“Planned Parenthood Los Angeles is expanding its footprint and our headquarters as we prepare for the future,” read a statement sent to Commercial Observer. “We look forward to providing sexual and reproductive healthcare and education well into the future.”
— Dana Bartholomew
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