Compact and Secure Studio Apartment in Setagaya's Komazawa University Area
This studio apartment, located on the first floor of a four-story reinforced concrete building, offers a compact yet functional living space in the desirable Setagaya ward of Tokyo. The property features a wall-core exclusive area of 18.27 sqm (approximately 5.52 tsubo) and includes a 3.19 sqm balcony facing northwest. Built in March 1991, the building is part of a 25-unit complex known as Media City Komazawa University.
Key equipment and features of the property include a dedicated indoor washing machine space, ample storage, and a fully-equipped auto-lock security system with a monitor. The building exterior is finished with tiles. The property is currently tenanted, generating an annual projected rental income of 816,000 yen, which translates to a yield of approximately 6.13%. The transfer of ownership is possible upon consultation.
The apartment boasts excellent access to central Tokyo, with Komazawa University Station on the Tokyu Den-en-toshi Line just a 13-minute walk away, providing a direct 7-minute, 3-stop ride to the bustling hub of Shibuya. Gakugei-daigaku Station on the Tokyu Toyoko Line is also within a 15-minute walking distance. The immediate neighborhood offers daily conveniences with supermarkets like Summit Store Nozawa Ryuunji-ten and Maibasuketto Shimouma 3-chome-ten, as well as convenience stores such as 7-Eleven and FamilyMart nearby.
The Setagaya area is known for its residential charm and green spaces. An interesting local fact is that the nearby Komazawa Olympic Park, a major landmark, was a central venue for the 1964 Tokyo Olympics, hosting events like soccer and wrestling. Today, it's a vast public park popular for sports, relaxation, and seasonal events, offering a serene escape from city life within easy reach of this convenient apartment location.