Playa del Rey is a small beach neighborhood just south of the marina. It's mostly residential but does have some dining and shopping along its main road, including some great dive bars and restaurants. Housing-wise, you'll find a mix of beach pads on the sand, large apartment complexes, and large single-family homes.
A word of warning: residents have to contend with noise from the nearby international airport.
Burbank: 28.1 miles / 45-80 minutes by car / 180 minutes by transit
Century City: 8.6 miles / 25-55 minutes by car / 90 minutes by transit
Downtown LA: 19.4 miles / 35-70 minutes by car / 90 minutes by transit
Santa Monica: 6.8 miles / 20-50 minutes by car / 50-60 minutes by transit
This restaurant is really four restaurants in one, with distinct areas that are open at different times of day. You could eat all three daily meals here and then have a nightcap at the small, speakeasy-like room in the back.