I never think about staying anywhere else when in town for business.
If you want a VERY OVERPRICED, (which just about everything in this city is) all the fancy “frills”, restaurants in the Hotel, etc. then you probably shouldn’t stay here. However, if you want an unbelievably inexpensive, always friendly staff, not “tons” of Security Officers, but I have never felt unsafe here, simple clean rooms then you cannot come close to finding anything remotely close to The “Roxy”, and literally in the heart of Hollywood.