FANTASTIC location - directly on La Rambla, this was an incredibly convenient hostal, less than a block from the Mercado with plenty of cheap, tasty food. The room was small but had a comfortable bed.
That said, the window opens onto La Rambla which is a loud, bustling street every night until about 5 or 6am, so if you have trouble sleeping it will not be easy here. There was one funky shower, and another bathroom which didn't have towels to dry your hands stocked and at one point ran out of toilet paper.
Fantastic place to stay if you need somewhere close to the center of everything and a little privacy, but all in all I think I may have been better off in a hostel for the price.