I'm kinda speechless. This is early-80's rent-to-own furniture at its apex. I mean nadir. The "gold" trim, the fancifully printed velour-ish fabric - I can't characterize so much as simply describe.
I can't picture this in anyone's house. The only possible setting I can accept is a brief scene in some Aaron Spelling show, let's say Dynasty, set in the waiting room of a small accountancy office. That's the only place this could really exist.