Property Overview: Itabashi, Tokyo
This property is a two-story wooden building with a cement tile roof, located in Itabashi, Tokyo. The registered address is Itabashi-ku Izumi-cho 8-banchi 11. The building has a registered layout of 3DK and a total floor area of 45.40 square meters, comprising 23.87 square meters on the first floor and 21.53 square meters on the second floor. The structure is classified as a residence and was built in May 1971. The land is held under a land lease agreement. The property is currently occupied.
The property is being offered through a court auction (sealed bid). The base bid price is 4,900,000 yen, with a minimum bid price of 3,920,000 yen. An earnest money deposit of 980,000 yen is required. The gross yield is listed at 26.1%, and the cap rate is 19.0%. The case number is 2024(M)298, and the auction is handled by the Tokyo District Court (Main). The bid deadline is June 11, 2026.
The property is situated in the Itabashi ward of Tokyo. According to the listing, the nearest train station is Hon-Hasunuma Station on the Toei Mita Line, which is approximately 200 meters to the west, about a 3-minute walk. Other nearby stations include Itabashi Honcho Station (also on the Toei Mita Line) and Naka-Itabashi Station on the Tobu Tojo Line.
