I moved into a 1BR for $1500 in nearby Culver City, which cut my commute down to 20-25 minutes. Not so bad. I'm across the street from a little downtown area with bars, restaurants, a movie theatre, 3 yoga studios, and a grocery store. Fairly walkable.
The job market is pretty hot. The problem in my job search was lining up interviews to get as many offers as possible at once so I could have my pick of the litter.
And even nicer weather than the Bay Area to boot.
The downtown / Santa Monica Expo line extension is opening in March, the Gold line is opening a bunch of new stations in April, extending it almost all the way to Claremont, and they have an LAX metro line they're building to prevent the traffic clusterf* that LAX has become.