J-Park Ebisu: A Compact Investment in a Premier Tokyo Neighborhood
This property is a one-room apartment located in the highly desirable Ebisu 2-chome area of Shibuya Ward, Tokyo. The building, J-Park Ebisu, is a reinforced concrete (RC) condominium built in July 1996 (Heisei 8), standing 7 stories above ground with one basement level. The specific unit is situated on the 2nd floor. The apartment features a wall-core exclusive area of 19.85 sqm (approximately 6 tsubo) and includes a 2.17 sqm balcony facing southwest for primary sunlight. The building is equipped with essential security and convenience features including an auto-lock system, security cameras, and an elevator.
Currently tenanted, the property offers an estimated annual rental income of 936,000 yen, translating to a projected yield of 4.06%. The monthly running costs consist of a 7,900 yen management fee and a 7,940 yen repair reserve fund. The building is managed by Japan Housing under a fully outsourced,巡回 (rotating) management system with a management association in place. The transaction is handled as an intermediary (媒介) service.
Equipment and features of the property include air conditioning, an indoor space for a washing machine, auto-lock, security cameras, and an elevator. Special notes indicate that the floor plan takes priority over the current condition, and there is a planned owner change within the year.
The Ebisu area consistently ranks as one of Tokyo's most livable and fashionable districts. Beyond its famous array of restaurants and bars, it is home to the Yebisu Garden Place complex, built on the site of the former Yebisu Beer brewery. This landmark development houses the Tokyo Metropolitan Museum of Photography, luxury hotels, cinemas, and the iconic Yebisu Beer Museum, offering a unique blend of history, culture, and modern urban life.
