In the center of downtown Los Angeles lies the Million Dollar Hotel. It is home and refuge for weird characters and outsiders who do not participate in the American Dream. One of them is Tom Tom, who has lost his heart to the street girl Eloise. However, before he can show his affection, the Million Dollar Hotel becomes the scene of a mysterious crime. When the uncompromising FBI agent Skinner shows up at the hotel to ruthlessly solve the case, all the hotel residents become murder suspects.