Great location in terms of getting around the city. You can easily reach anything you need: beach is just 5 minutes walk, city Center and other locations can be easily reached via subway which is 2 minutes away. The district itself has quite a lot to offer as well: nice bars, restaurants, etc.
I've stayed at the place for a bit over one month and should say that I had really good experience: I was able to cook for myself as well as wash my clothes, etc.
I need to mention that the building itself might not look secure at first but from my experience I can tell that everyone was really friendly and I rarely met any strangers inside.
The main downside is that place is quite noisy: loud music, chatting etc. Also it definitely needs the black out curtains. However it might be just my personal preferences.
Nice place, view is awesome. Might come back someday.