The location, said to be capable of serving 10,000 customers per day, was owned by Schaber's until the mid-1940s, when he sold it to Forum Cafeterias of America for $517,000 ($8.08 million in 2023).

[3] Forum Cafeteria was purchased by Consolidated Services, Incorporated in 1973 and this location continued to operate as a cafeteria until 1985, when it became a Carl's Jr.[3] In 1979, when the Broadway Theater and Commercial District was added to the National Register of Historic Places, this building was listed as a contributing property in the district.

[1] The building was heavily damaged during the 1992 Los Angeles Riots and in 2012, it was converted to a bistro that has since closed.

Schaber's Cafeteria was designed in the Spanish Colonial style, built with concrete, and features a terra cotta and wrought iron facade.

[3] Schaber's Cafeteria's interior features Spanish tile and a mural by Einar Petersen.