Positives: Very clean and great location! You are just steps from the "Boardwalk" and a couple blocks from Abbott Kinney Blvd. The bed and sofa are very comfortable. Surprisingly quiet -- you could hear footsteps from upstairs but really nothing else. The kitchen is small, but very clean and well-stocked with utensils. Alby was friendly, very responsive and flexible with check-in. Unlike other commenters, we did not have any problem with hot water for showers.
Drawbacks: there is VERY limited closet and drawer space. The one closet you see in the photos contains the water heater and cleaning supplies. I think there was space for about 3-4 hangers in there -- we basically lived out of our suitcases. The photos also make it look bigger than it actually is, although it was fine for the two of us for three nights. Finally, the bathroom door does not provide much privacy.