Compact Investment Condominium in Nerima, Tokyo
This property is a one-room condominium unit for sale, located in Nerima Ward, Tokyo. The apartment is situated on the 2nd floor of a 5-story reinforced concrete (RC) building constructed in December 1991. The unit offers a compact yet functional living space with a wall-core exclusive area of 16.5 sqm (approximately 4.99 tsubo). The layout is a simple one-room design featuring a 4-tatami mat sized Western-style room and a balcony.
According to the agent's notes, the property is equipped with an IH cooking heater, storage space, an air conditioner, an indoor washing machine placement area, and lighting fixtures. A special note indicates that the floor plan takes priority over the current condition. The property is currently tenanted, with an estimated annual rental income of 637,200 yen, projecting a yield of approximately 5.4%. The management is fully entrusted to a company with a巡回 (rotating/patrol) management style. The sale price is listed at 10.8 million yen, with monthly fees of 9,000 yen for management and 3,150 yen for repair reserve fund.
The location is highly convenient, just a 3-minute walk from Toshimaen Station, served by the Seibu Ikebukuro and Seibu Toshima Lines. This provides excellent access to central Tokyo. The area of Nerima is known for its residential atmosphere and green spaces. An interesting local fact is that Nerima is famous as the birthplace of the Japanese anime industry, with many pioneering studios established here in the post-war period. The closest major landmark is the nearby Toshimaen amusement park, a historic leisure destination that has been entertaining families for generations.