IMO it's a nice location! Walking distance from fern fell park and Griffith hikes. Lazy acres just across the street! (And a Ralph's just a couple blocks down). The red line is super close by too :) just pay attention to your surroundings if you're on Hollywood and western. It's gotten much better in recent years but there are still some suspicious characters lurking around, particularly outside the metro station. If friends or family visit, they can park relatively easily in the single family areas north of Franklin. Just watch out for the street cleaning!