Best I have experienced around there is El Zonte Beach. When there I stay at Esencia Nativa, a basic hotel (actually more of a hostel) with average rooms but great pool and food. They also have equipment for rent. http://esencianativa.com/

good plan on punta mango - Housing at two minutes from the spot.
The road to punta mango has been redone and there are places to stay right next to the spot. I'm back from Punta Mango and it's a great spot where you can surf alone!
Rent your house directly on the spot . And more operate the local market. Casa Loca home is rented for not very expensive. Many people have told me that the road was poor or nonexistent and that the community of aguafria was dangerous but it is completely false. The road is good and the locals are very welcoming. No crime and vegetation is lush. Hiking, horse riding, local produce .... people offer many services.
A superb house at two minutes of commercials is managed by a local farmer called carmelo. Cheap and still receiving a sea breeze, overlooking the sea and the mountains, it's the perfect plan .... Come here and meet with Salvadoran rather than lock yourself among tourists.

Link to: http://punta.mango.over-blog.com/