Etoile Sanno: A Compact Investment Opportunity in Tokyo's Ota Ward
This listing presents a studio apartment (one-room layout) located on the 3rd floor of the 3-storey Etoile Sanno building in Sanno 4-chome, Ota Ward, Tokyo. The property is currently tenanted, representing an owner-change investment opportunity with an estimated annual rental income of 708,000 yen and a projected yield of 6%. The apartment features a compact yet functional living space with a 6-tatami mat Western-style room and a south-facing balcony measuring 2.07 square meters, providing pleasant natural light.
Key equipment and features include a single-burner IH cooking heater, air conditioning, storage space, and a designated area for a washing machine. The building's exterior is finished with tiles. The property is conveniently accessible via two train lines: it is a 12-minute walk from Omori Station on the Keihin-Tohoku and Negishi Lines, and a 14-minute walk from Magome Station on the Toei Asakusa Line. The building itself is a reinforced concrete (RC) structure with 23 total units, built in February 1990. Management is fully delegated with a roving superintendent.
The Ota Ward area offers a blend of residential calm and urban convenience. An interesting local fact is that Ota is home to Haneda Airport, Japan's busiest airport, yet also contains numerous quiet, traditional neighborhoods. For recreation and culture, residents can easily visit the historic Ikegami Honmon-ji Temple, a significant Nichiren Buddhist temple complex with beautiful grounds, located a short distance away.
