Beautiful location! Our family of 5 stayed for 6 days, & didn't need to drive unless we wanted to leave Monterey. Walking distance to Cannery Row, downtown Monterey, Aquarium, grocery store, etc. Bike/walking trail is directly across the street. Perfect little bike shop just a block away -- they even rent cargo bikes to fit kids on the back -- allows you to bike up & down the coast! Gorgeous views & wildlife sighting out the front windows.
Note that the beach in the photos is a protected wildlife area & not accessible by humans. My kids & I were bummed about this. Closest "beach" for kids to play is Lovers Point (west) or San Carlos Beach (east).