Simply the best
Wow, this is a really great hotel.I stayed here twice in Feruary in two different rooms. I don't feel any need to stay anywhere else in LA (Unless budget is a constraint). This is a real five star hotel with great character and a tremendous level of service. 
The rooms are stunning. Huge high ceilinged suites with marvellously decadent decoration and a four poster bed. Each room is equipped with a vintage record player and a selection of albums! The kitchen is beautifully equipped and the bathrooms are great. Each room also has a spacious balcony. 
Room service arrived in 5 minutes with a meal ordered from the excellent mediterranean restaurant. The selection of drinks and snacks in the room is imaginative and extensive. Check in staff are super helpful. I overheard one of them sending out a taxi to find a guest who had got lost somewhere in LA !
Of course all this comes at a price (overnight parking is $37!) and the rooms come at around $320-$350 a night, but in a way it is excellent value for money and nothing here is done on the cheap. There is even a washing machine hidden away in one of the cupboards. 
The one draw back is perhaps the noise. Avoid the rooms that give onto the club next door on the North side. On my first night there was a live concert going on until midnight. Luckily it was a great concert which we enjoyed without having to pay for tickets! The rooms that look out onto Vine are also a little noisy at night. The quieter rooms look out onto an internal courtyard, but then they don't have the great views from the balcony 
This a really great experience and you could happily live here for an extended period if you had the money!