Make no mistake, this is a really good spot to live in. It's an old home for sure, but its a cozy full featured home - kitchen, laundry, a desk and chair in each room, a living and dining room. Especially if you win the roommate lottery, you'll have a great time. The location is great - only a minute's walk from Commercial-Broadway which is the literal transit hub of the City - go anywhere from here. There's great walking trails (BC Parkway + Central Valley) in the area, good food nearby, nice sightlines. And for its price, in this economy, you're in for a good time here!
Some small notes to keep in mind: I'd bring slippers because it doesn't seem as if there's regular sweeping or cleaning of the floor. If you're staying longer term, you might also need a power extender with a grounding pin since the provided power bars were all lacking that grounding pin.
Anyways, the TLDR: Just do it. Book now. Bring slippers.