Another development deal for S. Charles Lee's 350 seat Reseda Theatre has fallen through so the local redevelopment agency is once again soliciting proposals from developers. Dakota on Curbed LA has the story. They're not considering the theatre "historic." The May photo here is from the Dakota's article.
Another view from the Oviatt Library at Cal State Northridge: a 1963 postcard. For more on the Reseda Theatre, see the page on Cinema Treasures.