Apartment Building Investment Opportunity in Setagaya, Tokyo
This property is an eight-unit apartment building for sale in the desirable Setagaya ward of Tokyo. The building was constructed in April 1983 and features a sturdy SRC (steel reinforced concrete) structure. It comprises two above-ground stories and one basement level, with a total building area of 287.40 square meters. This total includes a basement area of 60.48 square meters. The individual units offer a range of sizes, with exclusive (private) areas spanning from 35.10 to 48.00 square meters.
The land parcel is a substantial 206.73 square meters (approximately 62.53 tsubo) and is situated on a flat plot. The property fronts a single public road to the northeast, with a road width of 5.8 meters and a frontage of 13 meters. No position designation is required for this lot. The land is zoned as Category I Exclusive Low-Rise Residential Zone within the urbanization promotion area, with a building-to-land ratio of 60% and a floor area ratio of 150%. The land is currently under leasehold, and the property is being sold as a complete building.
Located in the Daita 4-chome area of Setagaya, the property offers excellent access via two stations on the Odakyu Odawara Line: a 5-minute walk from Umegaoka Station and a 6-minute walk from Setagaya-Daita Station. This provides convenient connections to Shinjuku and other major hubs. The area is known for its quiet, residential atmosphere while being close to urban conveniences. A notable nearby landmark is the historic Gotoh Museum, which houses a significant collection of Japanese and East Asian art, including national treasures, offering a cultural oasis in the city.
