Property in Setagaya, Tokyo: A Residential Land and Building Opportunity

This property consists of a plot of residential land and a two-story wooden building located in the Akatsutsumi area of Setagaya, Tokyo. The land is registered as residential land with an actual category of residential-road, and it has a registered area of 72.72 square meters. The building on the property is a wooden, slate-roofed, two-story structure with a registered floor area of 36.06 square meters on the first floor and 23.14 square meters on the second floor, totaling 59.2 square meters. The actual layout is a 4K configuration. The property is situated in a Low Residential Class I zoning district, with a building-to-land ratio of 60% and a floor area ratio of 150%. The land ownership is freehold. The property is being offered through a court auction, with a base bid price of 25,550,000 yen. The minimum bid price is 20,440,000 yen. The property is located in Setagaya, Tokyo, and is within walking distance of Shimotakaido Station on the Keio Line, approximately 450 meters to the southwest (about a 6-minute walk), and also near Shimotakaido Station on the Tokyu Setagaya Line, about 400 meters to the southwest (about a 5-minute walk). The property is also referenced as being 0.56 km northwest of Matsubara Station on the Tokyu Setagaya Line and 0.72 km southeast of Sakurajosui Station on the Keio Line. The property is a court auction listing, and the bid deadline is June 25, 2026.