Located in the geographic center of Buenos Aires, Caballito is one of the city's most populated neighborhoods, but not one of the popular for visitors. It is said to have been named after a horseshoe-shaped weather vane found at one of the local gaucho bars.
The relatively quiet, middle class neighborhood is a center of commercial activity, with plenty of restaurants, but not many wow-factors. At night, things are quiet and families eat at their neighborhood spots. It is considered one of the more dodgy neighborhoods after dark, so try and avoid wandering around the streets especially in the evenings. One of the only (and thus more popular) places for travelers in Caballito is The Oldest, an Irish pub where travelers can throw back a pint or a whiskey accompanied by some decent food.