The area is really great. My accommodation is located in the heart of the 8th arrondissement and has a direct entry to Les Champs Elysées! Less than 5 minutes walk from Arc de Triomphe and the famous luxury and fashion avenue: Avenue Montaigne. In terms of sightseeing, you are very close to Grand Palais and Petit Palais.
Moreover, it is in the heart of "Champs Elysées" district, which is characterized both by its centrality but also by the presence of many bars and restaurants.
Today in Paris many people want to live there.