This was a really great option for us. We spent 3 nights in Valencia and the room was big, clean and comfortable. Breakfast was included daily which was perfect. The hosts were so friendly and helpful and even offered to drop us to the airport for a very fair price. The neighbood is mostly residential but it is 10 minutes walk from a very cool area called Ruzaffa with tonnes of restaurants and bars. Getting into the old town is probably a 25 minute walk, but we rented bikes which was easy and there is also a bus close by. Overall I would say this is great value and if you don't mind a bit of walking to get to the action then you will be happy here.