It is not. On The Secret History Of Star Wars site, I wrote a blurb about it several years ago. I don't have access to my pictures right now, but I'll come back and update this with the link to the piece, an old picture, and a current picture.

Several years ago the entire area was razed and rebuilt. It is now completely unrecognizable from what it was in 1977. Some of the side streets aren't even there anymore. The street that ran directly behind the theater is still there, so I know about where the theater was.