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Eagle Rock Theatre For Sale
posted by
CWillman
on
June 3, 2005 at 4:01 am
EAGLE ROCK, CA — According to the newsletter from TERA (The Eagle Rock Association), Eagle Rock’s historic movie house, the Eagle Theater, is for sale. It is located at the southeast corner of Eagle Rock Boulevard and Yosemite Drive and is adjacent to several relatively new, thriving businesses such as Ballroom Blitz, Curves, The Blissful Soul, and the Oxy Cafe.
Eagle Rock is a district of L.A. situated right between Pasadena and Glendale, full of carefully tended homes from the ‘20s, '30s, '40s, and '50s that have doubled in value in the past few years. It’s a very tightknit community that is extremely supportive of all the restaurants and coffeehouses that seem to be opening on an almost weekly basis; there would be huge community support for this theater’s reopening.
“We Eagle Rockers would love to have our neighborhood movie house back,” says the newsletter. “It’s a great theater with newer seats, a big screen, and a sizeable stage for live productions. It is listed (we hear) for about $1.5 million. The listing agent is Scott Howard, and he can be reached at (323) 871-8585 for more details.”
The theater had been open for about 60 years (and had most recently been showing second-run double features) when it closed in 2000. One of the hippest guys on the L.A. restaurant scene, Fred Eric, purchased it and the adjoining building with the intention of having a cinema bistro next to an all-night diner.
Unfortunately, he overextended himself with some other restaurants he was opening in places like Beverly Hills, and he ended up selling the Eagle to someone who currently rents it out to a church group. But the idea is still a valid one, for someone who wants to come in and make a galvanized, activist, young and relatively upscale community very happy.
Comments (1)
Unfortunately, while the location is for sale, any plans to use this space as a movie theatre in the near future would be futile. It is presently occupied by The Living Faith church, and they have a lease that, with extension, runs through 2011. I was told by the agent that a prior buyer entered into length negotations with the church, and offered as much as a $100,000 if they would consider moving —but they wouldn’t budge.