Nice and simple stay. Please do not stay more than three nights in LA, as pretty as it sounds, LA has that "WOW" factor but it lasts no more than three days. However, for your stay, I really recommend this hotel for its location, price, and quality. I will break it down from location and then price and quality of the hotel.
The location is great because you are next to the Disney concert hall, the Broad museum, the grand central market, Perch square, and you are minutes from Olvera street, LA live, and the Art district. I am a local and I know that parking in LA is horrid and definitely not cheap. If you are renting or have your own car I recommend you the parking lot at 230 S Hill St. which is almost next to the hotel. They take card and after 4 pm is $8 flat rate. From there, you can either walk, take an Uber, a Metro bike which is $1.75 for 30 minute - download the app.
The hotel, well, I can absolutely say that it is a smart save beyond the location. My visit was a couple trip, and our stay was pleasant and surprisingly was very quiet. Our check in was very fast and although the hotel is a bit out dated.. the room was spacious, we had a microwave, the bed was really comfy as well as the bedsheets. The shower is a bit small, but it is very LA. Cleaning service was very fast and spot on. Check out was a simple "I am checking out," they knew my room number and I was thanked for my stay.
Overall, I recommend your stay here. Don't over pay your stay in a Marriott hotel or the other hotels unless you want to impress someone, or it is your first time in Los Angeles. I am not cheap, I am a smart buyer, believe me, with my save I took my girlfriend to dine at Perch, we ordered a nice bottle of champagne, the next night we went to Bazaar in Beverly Hills, and we had lunch other rooftops.