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Majestic Crest For Sale, Bananas Bel Air Design Auction

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WESTWOOD: More potentially bad news for Westwood--the Majestic Crest Theatre, which closed in early October, is up for sale. It just sold in the summer of 2010, according to an LAObserved story from the time. The MC opened in 1940 as a live venue; the sales brochure says it was built "by Frances Seymour Fonda, wife of Henry Fonda and mother of Peter and Jane Fonda." The single-screener has 460 seats, crazy blacklight murals, and historic-cultural monument status (so it probably can't be torn down). The sellers are asking $4.5 million or $16,000 per month for a triple net lease. [Curbed Inbox]

WESTWOOD: This weekend, LA Modern Auctions is selling off 103 art and design pieces "assembled over the last 15 years by a Los Angeles couple who started collecting to furnish their mid-century modern home in Bel-Air, California." They've managed to pick up some mindblowing pieces like George Nelson's Double Marshmallow Sofa (they actually got three; one is currently at LACMA), a 1907 Greene & Greene cabinet built for Pasadena's Dr. William T. Bolton House #3, a Noguchi chess table, and a Studebaker Avanti that actually belonged to Avanti designer Raymond Loewy. Are you dying? LAMA calls it "one of the most important collections of post-war American design in private hands." Previews last through tomorrow; the sale is on Sunday. [Curbed Inbox]