Overall it is worth the price, especially because of the location. I stayed with two of my friends for four nights. Here is a pros and cons list:
Pros:
Excellent location.
Provides plenty of towels.
Sofa lays down into a bed.
There is enough stuff in the kitchen to be able to cook.
They do have wifi and a TV.
They provide a fan and a little AC.
There is trash and recycling right out behind the house in the alley.
There is a broom to sweep up the copious amounts of sand you'll drag in.
It has a coffee maker.
Cons:
It gets extremely hot, especially since the unit doesn't face the ocean.
If you sleep with two people in the loft it will be horribly warm.
Everything kind of half works, the ceiling fan is really slow, the toaster is finicky, the water pressure sucks, the washer wasn't working at all for us, the wifi is slow, the fridge makes really loud noises intermittently.
There is no place to store luggage.
People above the unit stomping at all hours.
Overall for the price and the location, it is worth it. Even with the extreme heat in the tiny place it can be bearable. The fridge is intermittently noisy so if you are a light sleeper that might be a problem. If you stay here I would recommend not sleeping with two people in the loft area because it becomes a sauna. The parking really isn't too bad at all, you can always find a spot on Mission Blvd. There isn't any place to store your luggage so it's kind of in your way, but it's workable. We put ours under the ladder and just tried really hard to keep it clean. I would recommend this place honestly, the few "eh" things don't really beat the price and the location.