There's a scene in Norman Taurog's "Words and Music" (MGM, 1948) when Lorenz Hart (Mickey Rooney) has come to Hollywood and a real estate agent points out Grauman's Chinese while giving a tour of the area. The film about the songwriting team of Richard Rogers and Lorenz Hart also stars Tom Drake and June Allyson.
Thanks to Marlaine Wilson Hysell for spotting the theatre in the movie. See the Grauman's Chinese pages for a history of the 1927 theatre as well as hundreds of photos.
On IMDb: "Words and Music"