The Orpheum Theatre at 842 S. Broadway in Downtown Los Angeles opened on February 15, 1926, as the fourth and final Los Angeles venue for the Orpheum vaudeville circuit. After a $3 million renovation, started in 1989, it is the most restored of the historical movie palaces in the city. Three previous theatres also bore the name Orpheum before the on…The Orpheum Theatre at 842 S. Broadway in Downtown Los Angeles opened on February 15, 1926, as the fourth and final Los Angeles venue for the Orpheum vaudeville circuit. After a $3 million renovation, started in 1989, it is the most restored of the historical movie palaces in the city. Three previous theatres also bore the name Orpheum before the one at 842 Broadway was the final one with that moniker.