Bed couch with draws, shared room, space saver. this could go in bedroom area. like the shelves idea, too. can add a light wooden dining table and a few comfy folding chairs to make cool dining area in bedrm space, if bed moves to living room area.
Learn how to make a pine DIY bench that folds out into a bed called bed-in-a-box. It& a great project and a great way to save money and space by building one piece of furniture that serves multiple purposes.