The California Theatre in Berkeley has changed hands, and the future of the historic movie house is in limbo once again.
Tien Lung Chen, a business executive based in Beverly Hills, leads an ownership group that paid $5 million in cash to a trust that includes descendants of original owner John Muldoon, according to documents filed with the Alameda County Assessor’s Office on Monday, April 20.
The sale of the theater at 2115 Kittredge St. comes less than a year after Gilbane Development Company withdrew plans with its partner, the California Theater Consortium, to build an 18-story housing complex with a performance space that would preserve the theater’s original facade…