For those who don't require close proximity to the city and are looking to find the most comfortable, quiet spot on a budget, you wont find much better than Aidin's studio guesthouse.
The guesthouse is separate from the main residence, a converted garage, to be exact. It's set up to essentially be a little apartment. Set up includes a perfect little kitchen that is fully equipped with the essentials (I made a full meal while staying here), full bathroom, very comfortable queen size bed, living room area and a small desk.
Other pluses:
A little fenced-in seating area exclusive to the guesthouse.
Fruit provided (Thanks Aidin! Nice touch.)
Spot is good for long, strenuous walks through a beautiful, quiet neighborhood that extends up a hill with a great 360 degree view on top.
Cable with HBO and other premium channels.
Close to grocery stores.
Close to 101 (About 30-60 mins downtown depending on rush hour).
Close to Topanga Canyon, which takes you over the hill into Malibu.