This is the location of Donnie's house. It's just down the road from the house used for Jim Cunningham's House from the same film and on the same street as Ferris Bueller's house in Ferris Bueller's Day Off (1986)
The house used for the home of Jim Cunningham (Patrick Swayze) is on the same street as Donnie's house.
The school used in the movie is actually Loyola High School in Los Angeles.
Donnie and Gretchen go to see a horror movie. Gretchen falls asleep and Frank appears. Frank tells Donnie to burn Jim Cunningham's house to the ground. The scene was filmed at the famous Aero Theatre in Santa Monica