You're not likely to ever get a better view of the ocean! Waverly's place sits just above the beach and overlooks the crashing waves. We must have watched and listened to the water for hours on end.
Waverly's place is cute and exactly as pictured. It's not fancy and it's obviously been around for a while, but she's done a nice job of updating things here and there and has a most unique decorating style. Her bungalow is a little like a mini-museum of sorts. All sorts of interesting art or repurposed pieces.
I wasn't exactly sure how the beach would work from description so I thought I'd add some notes. Essentially, all of the houses along Malibu road are beach in front of them (between the house and the ocean) that's considered private. You'll likely get people walking by (and I recommend that you take a good stroll yourself) but nobody will be camped out down there. The beach access is just outside of the bungalow and down some stairs and Waverly has done a great job of providing showers and hoses so that you keep the sand down at the beach. There's also chairs, boogie boards, etc - but beware that California waters are COLD. If you don't like sand but you do love the power of the ocean, this place is still for you. We spend most of our time on the balcony or even in the living room just watching the ridiculous waves. So nice!
There's a reason why Waverly gets classified as a "superhost". She's super! She was very responsive to any questions that we had during our stay and seems to have airbnb all figured out to where people can have a nice stay.