You'll be hard pressed to find a better long-term stay in Portland. The neighborhood has all the amenities you could want within walking distance, I only used my car to go explore out of the city, and is very welcoming and inclusive. Some folks warned me about safety on east side Portland, but that simply isn't true. Most of east side has richer history and I find it more interesting than what you'll see on the west side - some examples include eco villages, Mt Tabor, etc.
The studio is smaller than the average apartment but the layout and natural light are so well done that I found it to be the perfect size for me and my dog. The kitchen worked great and is stocked with everything you'd need to cook just about anything, even a bucket to collect compost. It's Oregon, so there's good beer and wine options just about anywhere.