Having said that, I'm the best effing tour guide you'll ever have in the city of Los Angeles. So much so that I'm going to have to break this one down into categories:
On the Cheap:
For those of you on a budget, here's a great way to navigate around the wonderful city of lost angels without breaking the bank:
The W Hotel: Every Sunday night, the W hotel in Hollywood hosts jazz night, where there are live music performances (sometimes surprise guests) and burlesque dancers in their lounge area known as The Living Room. There is no cover charge, and it's a great show. www.stationhollywood.com
Twilight Concerts at the Pier: If you happen to be visiting LA during the months of July-September, every Thursday night there is a free concert at the Santa Monica Pier from 7pm-10pm. Bring your booze, snacks and a blanket and catch some tunes on the beach. http://tcs.dola.com/
Malibu Wines: If you like wine-tasting, be sure to check out Malibu Wines on Mulholland. It's a great place to bring your own lunch and spend the day. They have picnic benches, live music, fire pits and a great vibe. You can either buy a bottle of wine from them or buy a 4-wine flight tasting for $16.