Hotel Hauser 

Not the fanciest hotel, but clean and quiet rooms, breakfast included with room rate, and in a terrific location in the university area near the English Garden and walkable to several major museums and old town. Neighborhood had TONS of restaurants/shops/cafes - I'd never been to Munich before and debated which neighborhood to stay in, and after spending a few days here, was glad I chose this area (it's much, much nicer than area near central train station, where there are lots of hotels but would NOT recommend staying in that area). Coming from or to the airport or central train station, to get to the hotel, you can either walk to a very close subway stop and then transfer on subway to train, or you can walk to closest train stop (15 minute walk) or walk to central train station (35 minute walk). Also, even though the hotel is located on a lively street with a lot of shops/restaurants/university students noise outside, it is incredibly quiet inside - the windows/ventilation at this hotel are a feat of engineering, somehow you can actually get fresh air without noise. (There also looked to be individual room A/C units, but it was not hot when I was there, so cannot confirm A/C).