It's an expensive residential area that features one large office, dining and shopping complex: Ebisu Garden Place.
Ebisu is named after Yebisu beer. A popular brand that was originally brewed in the area (since 1890). Yebisu beer itself is named after Ebisu (one of the seven Japanese gods of fortune).
Yebisu beer is no longer brewed in Ebisu. However, The Museum of Yebisu Beer remains in the old brewery building.
The Ebisu area is also known for it's pleasant small restaurants, izakaya, pubs and standing bars (tachinomi). Ebisu is decidedly quieter than nearby neighbourhoods such as Shibuya and Roppongi. The area draws an older, posh crowd. It's also popular with foreign residents of Tokyo.
Ebisu is ranked #4 of 5 best places for a date in Tokyo
Ebisu is ranked #5 of 12 best Tokyo neighborhoods for hotels
Ebisu is ranked #5 of 19 best Tokyo neighborhoods for kids
Ebisu is ranked #9 of 21 best places to live in Tokyo