Great Steakhouse in in Hollywood
The Grill in the Hollywood-Highland complex serves a great steak but it may be a bit high priced for some.
A few blocks east of Highland on Hollywood is the old, reliable Musso-Frank's Grill. I prefer other things on their menu to the steak but the steaks I've had there have all been excellent.
On Las Palmas at Hollywood is Miceli's, which is a very reasonably priced, traditional Italian restaurant. The atmosphere is fun although it can get noisy when they have musicians performing there. The portions and price should suit your needs.