The Avenue de l'Opéra was created from 1864 to 1879 as part of Haussmann's renovation of Paris. It is situated in the center of the city, running northwest from the Louvre to the Palais Garnier, the primary opera house of Paris (until the opening of the Opéra Bastille in 1989.

The Avenue de l'Opéra was an important thoroughfare in Haussmann's traffic scheme, since it linked the rue de Rivoli at the Louvre to the grands boulevards near the Opéra and gave better access to the wealthy neighbourhoods being developed at that time in northwest Paris. It had the additional advantage that the demolition required for its construction cleared the area between the Louvre and the grand boulevards, which had been occupied by a slum district, dense with poor-quality housing and numerous narrow streets, that was considered unhealthy and dangerous.

At the avenue's northwest end, in front of the opera house, is the Place de l'Opéra. Besides providing a setting for the imposing Palais Garnier, it is a nexus from which several streets radiate. At the time it was built, it was criticized for being too grandiose, but now with much more traffic, it is often considered too small. Elegant stores selling luxury leather goods and jewelry, and the Café de la Paix, are located here.

The avenue itself is very popular with tourists and is lined with shops selling fancy souvenir Parisian merchandise (articles de Paris), as well as travel agencies and banks. A small Japanese district is nearby, in the rue Sainte-Anne.

Unlike most Parisian avenues, there are no trees. This was the result of a compromise between Haussmann and Charles Garnier, the architect of the opera house, who desired the best view possible of the main facade of the Opera at the end of the avenue. He did not want the view to be obstructed by the leaves and branches.

At the avenue's southeast end, near the Louvre, is the Place André Malraux, named after the French writer André Malraux, who had been Minister of Cultural Affairs under Charles de Gaulle. The square was formerly known as the Place du Théâtre Français, after the theatre of the Comédie-Française, which is located here. Adjacent to the theatre is the Palais-Royal, famous for its gardens.

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