Make sure to get a renovated room!
The only reason to stay in this hotel is for its' proximity to USC.
The room I was in had a Motel 8 feel to it - peeling wallpaper, scratchy sheets, old & tired air conditioner, musty hallways. I understand they are currently renovating though, and I have high hopes that this hotel will someday be a better place to stay. 
The elevators need some work - One of them would come to the floor, open the doors 2 inches and then close quickly. I would then have to wait for the elevator to be called to a different floor before I could push the down button again. During one elevator ride, it stopped on a different floor and the people got in and it started to close the doors but then stopped. One of the men inside physically pushed the doors closed and we continued on our way.
On the morning I was leaving town, my bathroom sink started convulsing-literally, a cable came down and started spewing out brown liquid while making a machine gun like noise. I called to the front desk and they weren't overly concerned, just said they would send someone up. Ten minutes later, the sink started gushing water. I called back and they didn't answer. So I gathered my stuff and left - wet hair and all (hard to dry your hair when you can't get in the bathroom).
I did check out and let them know about the sink and that the carpet was now getting wet and she again wasn't concerned. 
I only ever stay here if I have to be close to USC. For the price, you can stay at a much nicer hotel in LA. Long Beach even - way better hotels for the same price.