[2] It is an Art Deco structure at the southeast corner of Wilshire Boulevard and Hamilton Drive designed by architect S. Charles Lee and is considered a classic Los Angeles landmark.

Despite several renovations, the interior remains mostly intact with its columned two-story rotunda lobby, spacious orchestra and balcony level seating for 2,000, and its silver, gold and black proscenium and organ screens.

The Saban Theater is now regularly used as a live performance venue for comedy, music, television, film shoots, screenings, and community intercultural events such as PaleyFest.

Notable performers Sterling has brought to the theatre include Marillion, Paul Anka, Burt Bacharach, Frankie Valli, Styx, George Thorogood, Kenny Loggins, Todd Rundgren, and Morris Day.

BHPAC'S mission was summarized as "Awakening a Sleeping Beauty," engaging design firm Evergreene Architectural Arts, which specializes in historic theatre restoration.

In conjunction with Sterling Venue Ventures LLC, management began an extensive update of the stage, lighting, and sound systems so that performances of Broadway shows and live concerts could be enhanced.

Notable events include: In May 1944, thirteen-year-old Patsy Ruth Brown disappeared after leaving producer Jack Schwarz's Fox Wilshire Building penthouse.