Our family of four spent 6 nights in Alice and Albert's place. We wanted an area that would give us a chance to see what daily life is like in CDMX, and we felt we got just that. You are within easy walking distance to everything in the Centro Historico.
The area is loud, so the street-side room is a bit noisy, but with the noise comes lots of street activity and businesses to explore. There is a fan you can use to drown out the noise, or use just ear plugs, as I did. The building is secure and the area is safe.
* You cannot stay in this area without visiting Pastelería Ideal, which can only be described as pastry heaven. I don't think you will find more pastry variety is such a beautiful setting.
We would definitely stay in Alice and Albert's place again.