Lovely apartment that is well taken care of and clean. There's a nice patio attached (that you share with another apartment) and the space is nicely airconditioned. The area isn't the prettiest in Valencia, but if you use Valenbisi (public bike system) you're at all the sights within 10-20min. There are lots of food places and some supermarkets nearby.
It didn't bother me as I'm a easy sleeper, but the apartment was quite noisy and our singing neighbor made it seem like we were getting serenaded. If you stay here, sensitive sleepers might need some ear plugs. Overall I'd definitely recommend the place and I'd return in a heartbeat.