Clara's place is a little gem in La Latina. The location is superb, every thing is walking distance. Or you can just take metro 100 meter away. There are tons of places to eat and drink. The local farmers market offers some of the finest food in Madrid, so please check that out on weekends.
As a host, Clara is top notch. Accommodative, helpful and caring. We will stay here again if I get back to Madrid.