La Paloma Theatre, located on South Coast Highway 101 near the Encinitas sign, is a a favorite of regional movie and theater buffs. This location is full of history and it'sbeen in the same locationsince 1928. La Paloma featuresmany underground and independent films not available in multiplexes. It also hosts concerts, with past performers including Eddie Vedder and Ralph Stanley. One local event happens every Friday night at midnight:a theater performance of The Rocky Horror Picture Show.