Loews Hollywood is one of the best hotels I've ever stayed in. The service was great from check-in to check-out, including the cleaning staff and servers in the bar and restaurant.
The room was very clean and comfortable, including the huge walk-in shower. We were also upgraded to a view of the Hollywood sign, which we loved. The only downside is that our room wasn't cleaned one day. I'm not sure why, as it was every other day. It was only a minor inconvenience though. Also, our coffee maker wasn't working, but it was replaced immediately.
Overally, the area is a bit sketchy, but we never walked around there at night, so we were fine. Rideshares will pick you up right at the door, so there is nothing to worry about there. We loved the convenience of being attached to the Ovation Mall.