In the Neverland that is Los Angeles, where make-believe seems real, three dreamers find themselves on the verge of transformation. Twenty-five-year-old poet Gwendolyn Griffin works as a stripper to put herself through graduate school. Her perpetually stoned boyfriend Leo dresses in period costume to hawk his music downtown, and seems to be losing his already tenuous grip on reality. And their flamboyant best friend and neighbor, nightclub crooner Count Valiant, is slowly withering away.

When the city explodes in violence after the Rodney King verdict, the chaos becomes a catalyst for change. Valiant is invigorated, Leo plans a new stunt—walking into east L.A., naked, holding a white flag—and Gwen, discovering she is pregnant, is confronted by troubling questions. Can Leo become a good, dependable father? Can she leave the club life behind, or will the city’s spell prove too seductive?