This Airbnb is very nice, especially if you enjoy and are willing to walk. Not very far from El Rastro (about 15-20 minutes) and another 10-15 to el centro. For this reason, the location is quiet, but still a good distance. We used the bus a lot and sometimes the metro (that is also 10 minutes away). The best part of this location is that it is right along the river and river path! Very easy to run or walk to nearby parks and enjoy the river.
Finally, the only drawback to this stay is the noise. If you have quiet neighbors, probably no issues but if your neighbor snores you will probably hear them! We did for two of our nights as if that person was in the room with us. Hopefully we were not too loud for them!