Pros.....
This is an excellent location for tourist who want the downtown Hollywood experience. Be sure to buy the parking garage when you book if you want guaranteed and secure parking. Looks pretty much like the picture in the ad inside with the exception of the one bed (see below).
Cons...
Downstairs beds were not that comfortable. One of the King mattresses was virtually on the ground. This may not be a problem for some, but for older folks it is hard to get up off of.
Couch is pretty cheap and uncomfortable. Things like paper products, utensils, pots and pans etc. were cheap and really do not live up to a "Penthouse" billing.
Or last night's stay the parties started somewhere close by, and the pounding bass kept us up until well after midnight and we had an early flight so .... :(
All in all, we had a positive LA experience on this trip :)