We stayed here with five people for five nights and had a rental car with us. The parking lot on the property comes in super handy and the bedroom situation is perfect for four people. With five you have to use the sleeper couch or a hiding bed, which are still both comfortable.
The location is amazing. There are lots of shops and restaurants on West Adams Boulevard that are pretty close. Other than that Downtown, Santa Monica and Hollywood are about 20 to 30 minutes by car so super easy to get there in such a big city like LA.