Pussycat Theater Sold to Real Estate Firm
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The X-rated Pussycat Theater on 2nd Street has been purchased by a Santa Monica real estate company and will go out of business by the end of the year.
Calstar Equities, which bought the theater for about $1.5 million, said it may raze the theater to make way for a three-story office building.
City officials hailed the move. “Many people have been turned off by the theater’s marquee and posters,” said Councilman Ken Genser. “We’re hoping this will fit into the overall scheme of downtown improvement.”
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