Very cute and homely apartment very close to the Walk of Fame, less than five minutes away to the Chinese Theatre. We had a car so I can't comment on location to transport. I felt like for what we were doing a car was necessary and the location was central to where we drove. It's a short drive to Griffith Park and even though I didn't do it due to injury, from what I believe, a short walk to Runyon Canyon.
We had everything we needed and really appreciated the wine and snacks after a long drive. The heater in the bathroom was so nice and warm when drying off. Everything you need is here so even if you don't bring the little things, they will be provided, you don't get that at a hotel. I didn't use all the items but there was food, washing powder and other handy things available.
My tip is to know which way is south, we came from the airport (opposite direction) and our Garmin gave us directions to cross the lanes which you can't.