The bar at the bottom is lit. It feels like a modern version of a Tavern. The staff are really nice, and very helpful. The guy who checked me in spoke Spanish, English, Japanese and I think also French, so if you can read this, you'll be fine.
The neighborhood is pretty central to Osaka, I was able to walk to Dottonbori, Kuramon Market and Osaka Castle (the other direction). It's on a main road, and there's two train stations and multiple convince stores are very close.
The actual accommodations are what you'd expect for a hostel. I was in the dormitory, so I can't speak for the private room(s), but the bedding was nice and comfortable. The mattress was a futon style on a wooden (not tatami) frame, so it felt a bit thin. But overall it was fine. The shower is very nice, but there's only one.
Overall 4/5 stars for the experience + price. I'll probably stay here again next time I'm in Osaka