I was moving to LA and used this as a base to live for 2 weeks while we looked for apartments. The location is good and the place is decent. It just was too small for us to live out of massive suitcases. So the space and size were an issue. However if we were just visiting (without massive suitcases) this would've worked well and would have been great.
Also, there is no off-street parking. We were provided a street parking permit but ended-up getting a citation for not moving the car frequently enough from the spot it was parked. We hadn't known that that was a thing in LA. So be aware of the rule in case you're visiting from NYC where you may not be used to driving.