The place is located nicely very close to the center of the city, 2mins to Plaza Merced, 10-15 minutes to the cathedral and 15 minutes to the beach. You have a lot of amenities around, with shops, supermarkets and some diners.
The place can be loud sometimes, it depends. You are at ground level on the street.
Take care: the bathroom has steps that you need to go down / up to access it. Also the bathroom is not heated, so might be a bit chilly sometimes.
Appliances are ok, kitchen is well equipped.