Very spartan studio. No homy feeling at all, nor hotel feeling; bottom line it is not a "nice" place. Location is something else, you are just a 2 minutes walk to rodeo drive. So, yes, location is absolutely great!
Parking is mandatory to have a permit and Nita will work it out for you, which is nice.
But returning to the studio, it has too many things to improve, starting for the cleaning (cover of the bed dirty with (too many) spots, the floor, the bath, etc. There are not even the essentials for a short stay (perhaps if staying longer it make sense) but forget to cook or even making breakfast, no kettle, no coffee maker, and of course no sugar, no salt, no nothing. I understand that if a kitchen is provided and I'm staying one or two nights it is not expected that I would shop like if I'm living there, detergent, salt, pepper, oil, sugar and (why not) tea and coffee.
So if you just want a great location, with parking and just (and I mean JUST) a place to crush for the night, this might be a good option for you