Budget Hotel / HostelDowntown$$
Freehand Los Angeles
Verified July 13, 2026
Set in the historic 1924 Commercial Exchange building with interiors by Roman & Williams, Freehand offers shared hostel-style rooms alongside private ones — a rare stylish budget option Downtown. The rooftop Broken Shaker cocktail bar and pool deck is a James Beard Award finalist and destination in its own right.
416 W 8th St, Los Angeles, CA 90014