The hotel is cool, trendy and unique. My room was comfortable, big and has a real charm. The staff is young and helpful, we didn't have any problems with them even when I asked to go to the club to buy a beer (I was wearing shorts, shirt and flip-flops).
However I wouldn't recommend you to stay here if you want to rest. At night the whole thing becomes a nightclub, you can clearly hear the music and people talking. It wasn't a problem for me and my wife as we were really tired, otherwise we would have some drinks there.
I wasn't very impressed with the area. I think Santa Monica and Venice beach would suit me better as an area.
Be aware that everything is far in LA. I drove from Hollywood to Santa Monica and took me more than a hour to get there.