^^^Also, the two 'Follies' photos gsjansen posted are truly wonderful.
Below is the Belasco Theater at 337 S. Main Street, which is the same address as the Follies Theatre.
usc digital archive
My guess is that it's the same building refitted with a modern facade.
Does anyone know for sure if it's the same building?
Here's gsjansen's photograph again for comparison.
The Wessellman Collection/The Williams Partnership
OK....the more I look at it, the more I'm sure it's the same building.