This place is located in Kameido - a very Japanese place. Living there for a week really gave my family and I a good idea about how Japanese people lived. I am so happy that I actually lived here! I don't think any hotels will ever be able to provide this type of experience. If you want to experience the whole Japanese lifestyle, this is the place for you.
In terms of convenience, this place is amazingly convenient. Within 5 minutes walk, you have tons of convenient stores offer cciheap yet delicious food. You can get a healthy, filling dinner for $5. There is also a huge selection of restaurants, which are quiet cheap when you compare it to North American standards. If you want convenience, this is the place for you.
In terms of closeness to attractions, this place is pretty good. You can get to anywhere within an hour. Our family visited Asakusa, Shinjuku, Shibuya, Odaiba, Akihabara, Ameyoko and more. Most of the time, you can get to your places via the JR lines. So, travelling to the attractions isn't a problem.
In terms of quietness, this place is a gem. After visiting many places, we conclude that Tokyo is an extremely busy place. If you live in the city center, you may not be able to get a quiet environment to rest. This is place is sheltered from all the chaotic noises. If you want quietness when you are ready to rest, this place is great.
All in all, it is a good place to live in.