Buddy's place is exactly what I was looking for! There is a semi-community vibe here but your privacy is very much respected.
I joined in a great communal dinner by the pool area one night but business took up most of my time. This is like a shabby-chic compound of serious artist/industry types. Would recommend, especially for creatives. Though it might sound cramped, it's very spacious and Buddy screens his guests well. I made some great connections in the film industry while I was here.
It's well-located by one of the best natural food stores in LA - Rainbow Acres. There are also some cool bars/pubs walking distance, like Hatchet House and Fin.
I'd highly recommend Buddy's place to anyone seeking a sanctuary in Venice for short or long-term stays. No problem parking either, and if you're familiar with the area you'll know how rare that is. Enjoy!