We stayed at the hotel for two nights on our recent stay in Monterey. The hotel is located in a great location about two blocks from Cannery Row. It's a great location becuase you're close but not too close to be bothered by tourists and noise.
Our room was older but really quite spacious and also had a fireplace. While we felt 100% safe (our room was on the 2nd floor facing the street), I liked the fact that the sliding door had a bar across it for extra safety.
The breakfast was really enjoyable however there is limited space and seating and it was easier to grab a tray and take it back to our room. There are also Manager's Drinks each evening which was really nice. The staff were always friendly and welcoming too. They explained the extras provided on check-in, gave us a map and also some outlet shopping tips when we checked out.
There is parking under the hotel (for a small fee which we had no issue paying given it meant our car was out of the weather and off the street) and the hotel also offers free wi-fi.
Overall, a really nice hotel/inn and one we would recommend given it's location and the friendly staff.