What an odd little theater.
I came here to catch iCandy Burlesque and have to say that if I were rating the theater proper, it's a pretty good theater despite that it's smaller in size. There really aren't too many bad seats in the house....well, except for the random few in the very back on the right hand side (why none on the left hand side?). The stage is large and the acoustics are good. Lighting and sound seemed fine as well.
What I don't get is that this theater is on the third floor and they make everyone go up flights of stairs in a giant cattle call. Whose idea was that? This seems like a terrible fire hazard.
And not only is it waaaaay up on the third floor, there is no bathroom. So if you need to use the restroom, you have to proceed back down to the first floor, back outside to Miracle Mile, and then down a hallway in order to use one.
Like everyone else has said, be prepared to stand around if you are general admission seating.