Compact and Convenient Investment Apartment in Tokyo's Ota Ward
This studio apartment, located in Kita-Magome 1-chome, Ota Ward, Tokyo, presents a practical investment opportunity. The property is currently tenanted, offering an estimated annual rental income of 660,000 yen and a projected yield of 7.76%. The unit is situated on the 1st floor of a 4-story reinforced concrete (RC) building constructed in April 1991.
Key features of the apartment include a south-facing orientation for ample sunlight, a convenient walk-in shoe closet near the entrance for storing footwear and outdoor gear, and essential equipment such as air conditioning and lighting fixtures. The layout is a studio (One Room) with a wall-core exclusive area of 17.68 sqm (approximately 5.34 tsubo), and it includes a 2.6 sqm balcony. The building is managed under a fully outsourced, patrol-based system.
The location offers excellent daily convenience. Longhara Station on the Tokyu Ikegami Line is just a 6-minute walk away, making shopping for daily necessities easy. The area is well-serviced by supermarkets like My Basket and Tokyu Store. For a major local attraction, residents can easily visit the historic Ikegami Honmon-ji Temple, a significant Nichiren Buddhist temple complex founded in the 13th century, located a short train or bus ride away in the same ward.