In terms of location I don't think it's possible to be in a better spot. When you walk out the door you're on the 3rd street promenade and an easy 15 minute walk to the pier.
The unit was spacious for a studio and the kitchen was equipped with a nice amount of dishes and cooking utensils.
Everything was clean and modern. During my three night stay I was not disturbed by any noises from the alley or the hallway.
When I'm back in Santa Monica I'd definitely consider staying here again.