Investment Opportunity in Okusawa, Setagaya: A Profitable Rental Apartment Near Jiyugaoka

This listing presents a one-room apartment located in the desirable Okusawa 2-chome area of Setagaya Ward, Tokyo. The property is currently tenanted, generating a steady monthly rental income of 67,000 yen, which translates to an annual income of 804,000 yen and a surface yield of 7.44%. As explicitly noted, this is an investment property for owner-change purposes; self-occupancy is not possible. The apartment is situated on the 2nd floor of a 5-story reinforced concrete (RC) building constructed in February 1983. The unit offers a wall-core exclusive area of 13.96 sqm (approximately 4.22 tsubo) with an east-facing primary exposure.

Key features and equipment include a tiled exterior. The building is managed by Prest Service Co., Ltd., under a fully entrusted management system with a巡回 (rotating) superintendent and an active management association. The monthly running costs consist of a 4,500 yen management fee and a 5,100 yen repair reserve fund. The property benefits from excellent access, being just a 2-minute walk from Okusawa Station on the Tokyu Meguro Line. It is also within an 8-minute walk of the famous Jiyugaoka Station on the Tokyu Toyoko Line and a 16-minute walk from Den-en-chofu Station, providing convenient access to Shibuya, Meguro, Yokohama, and Omori stations.