Convenient location, great bars and restaurants nearby. Something to note that there is loud music and noise until 1:30am when the bar downstairs starts to wind down. It didn't bother us, but would probably be an issue for sensitive and/or early sleepers.
Parking is close by in the garage across the street. Important: use the alley entrance for after hours entry. I did not know this and payed for overnight in another garage.
Cleanliness could be improved. I would agree with one of the other reviews that the pictures are cuter than the reality. Overall, our stay was fine, but I would probably book elsewhere when in Santa Monica again.