The good:
The hosts were very welcoming and tried to do their best to accommodate our needs - we have a 14 months baby and we were coming after a long flight at around noon. So we asked first to have a crib and second, to have access to the cottage earlier than the posted entry hour (3 pm). Both requests were granted. Also the A/C was broken when we arrived and the host did fixed it the next day. The cottage is located in the Ocean Beach community at a 5 minutes walking distance from the beach. The neighborhood has a bohemian approach of life and has a great number of restaurants, cafés and groceries (including an organic food store).
The not so good:
Very noisy - the cottage is literally under the path of the planes that are in taking off mode (very loud!). The noise starts at 6am and goes well into the night. Effectively I had to stop in the middle of a sentence (while dining on the deck) because my wife couldn't hear what I was saying anymore.
We had the feeling of living at a animal farm - so many flies around our dishes when having breakfast on the deck.
We couldn't find the feeling of "home away" as the cottage (situated behind the main building of the property) has the dimensions of a normal hotel room with the difference that has a kitchenette and feels like a old garage changed into a multi-functional room.
Overall, we had to take into consideration the great location, the decent price, and the nice hosts when we were not that happy with the dimensions of the cottage, the old mismatched furniture and the rest of the shortcomings (noise and flies).