While the view is lovely, the furnishing and noise from upstairs were a disappointment. The bed was incredibly uncomfortable (very, very soft mattress - it felt like a blow up mattress) and led to mediocre sleep for the duration of our stay. The couches were also uncomfortable. Furthermore, as a warning, you will hear everything from the apartment upstairs (conversations, toilets flushing, music, people walking - the walls are paper thin). We did not feel like we had much privacy or outside space.
That said, the pictures of the view are spot on, and the view is quite nice and was perfect for us during COVID. It is also pretty central in Malibu.