The living room furniture is not merely about functionality. You need to arrange and choose the furniture accordingly. This is set by the fact that the furniture will take certain part of the living room free space. For any small living room, any big furniture will create crowded view. At certain case, it will be the reason for poor traffic.
To get the best view and traffic, planning is the only key that you have. You can start it by drawing the empty picture for the room. Do not forget to put any available window because it will provide natural lighting during the day and extra view to consider. With accurate measurement, you can design the zone for the sofa, TV set and much other stuff at better rate. Having the ottoman table will let you to have more functionality at the same spot. it is also important to go for vertical storage type.
The living room furniture color play will be the other thing that you need to consider. You can take the rule of 3 colors as the limitation. By doing so, you will be able to limit any overcrowded color play and keep the living room with clear theme applied.