This place worked perfectly for our group of 3. The Silverlake neighborhood had lots of opportunities for entertainment in the immediate vicinity. There were restaurants, bars and coffee shops in easy walking distance, which is all too rare in this city that seems obsessed with driving everywhere. I'd definitely recommend it to others.
A little beyond that, it's relatively close to tourist sites such as Griffith Park & Hollywood. We were in town for the Rose Bowl, and it was a very manageable 20 minute drive to get to Pasadena. While we didn't ultimately use the public transit, there was a metro station nearby which provides easy access to downtown locations like the Grand Central Market (which we loved).
The kitchen is large and spacious, but was missing kitchen knives which would have made food prep difficult. That said, we had planned to eat our meals all out so it had no impact on the quality of our stay.