Compact Investment Apartment in Setagaya, Tokyo
This property is a one-room apartment located on the second floor of a four-story reinforced concrete (SRC) building constructed in November 1982. The unit offers a compact yet functional living space with a wall-core exclusive area of 16 sqm (approximately 4.84 tsubo). The balcony faces southwest, providing good natural light. The building is managed by a homeowners' association with full outsourcing and patrol-based management services handled by Presto Service Co., Ltd.
Key equipment and features include air conditioning for cooling and heating, a designated space for a washing machine, lighting fixtures, city gas, hot water supply, and a bicycle parking area. The property is currently tenanted, offering an estimated annual rental income of 600,000 yen and a projected annual yield of 7.22%. An owner change is scheduled. The transaction is handled by an agent.
Located in the Matsubara 6-chome area of Setagaya Ward, Tokyo, this apartment is in a vibrant residential and commercial district. Setagaya is known for its blend of quiet neighborhoods and trendy shopping streets like Shimokitazawa, famous for its vintage clothing stores, live music venues, and cozy cafes. The property is within a 9-minute walk from Gōtokuji Station on the Odakyu Odawara Line, providing direct access to Shinjuku. A notable nearby landmark is the historic Gōtokuji Temple, a serene Buddhist temple famously associated with the 'beckoning cat' (maneki-neko), a symbol of good luck and prosperity.
