Compact and Modernized Studio Apartment in Setagaya, Tokyo
This studio apartment, located in the desirable Shimo-uma 1-chome area of Setagaya Ward, Tokyo, offers a simple and efficient living space ideal for a single occupant. The property is a renovated unit within the "Maison de Eclair" building, featuring a compact yet functional layout with a private area of 10.27 sqm (approximately 3.1 tsubo). The apartment is situated on the 2nd floor of a 3-story reinforced concrete (RC) structure built in February 1981.
Key equipment and features include a comprehensive renovation completed in February 2022. This renovation encompassed the entire water area (kitchen, bathroom, toilet, washbasin, water supply/drainage pipes, and water heater) as well as a full interior refresh (floors, walls, ceilings, and fittings). The property is under full entrustment management with a patrol-based management company, Presto Service. It comes with defect insurance and a performance evaluation. The main lighting aspect faces southwest, and the unit includes a balcony.
The financial details indicate an asking price of 7.1 million JPY, with monthly management fees of 4,500 JPY and a repair reserve fund of 5,000 JPY. The property is currently tenanted, with an estimated annual rental income of 540,000 JPY, yielding a projected annual return of 7.6%. The handover timing is negotiable.
The surrounding Shimo-uma neighborhood in Setagaya is known for its residential charm and accessibility. An interesting local fact is that the area is home to the serene Snake Collapse River Greenway (Hebikuzawa Ryokudo), a linear park following a small stream, offering a peaceful escape within the city. The closest major tourist attraction is the historic and vibrant Sangenjaya area, a short distance away, famous for its maze-like shotengai (shopping streets) and lively atmosphere, easily accessible from the nearby Tokyu Den-en-toshi Line station.
