It is based on the Wiltern Theatre and Pellissier Building located in Koreatown, Los Angeles. Its adjoining blue-green building is of an art-deco style, like its real life counterpart, and has narrow vertical windows. The theater's entrance is illuminated by neon lights at night.
Gangster rapper Clay Jackson is set to perform here according to the sign. It is possible that the theater was closed for some time prior to the events of the game, as there is a writing on the sign saying "The infamous Valdez has reopened". It is inaccessible to the player and plays no role in the storyline.