Investment Opportunity: Well-Maintained 1K Apartment in Tokyo's Itabashi Ward
This is a 1K apartment for sale located on the 5th floor of a 5-story reinforced concrete (RC) building in Itabashi Ward, Tokyo. The property is currently tenanted, offering an immediate annual rental income projection of 588,000 yen and a gross yield of approximately 7.25%. The unit features a compact yet efficient layout with a wall-core exclusive area of 17.11 sqm (approx. 5.17 tsubo) and includes a south-facing balcony of 2.52 sqm.
Key building amenities include an auto-lock security system, elevator, parcel delivery boxes, and bicycle parking (300 yen/month) and motorbike parking (1,000 yen/month) available for a monthly fee. The apartment itself is equipped with an IH cooking heater, air conditioning, and a designated indoor space for a washing machine. The building is managed by a full-service, daytime management company.
Critical agent notes specify this is an Owner Change property where the existing tenancy and management will be transferred to the new owner. Important conditions include: the property is sold 'as-is where-is' (現況有姿); the seller is exempt from liability for non-conforming contracts (契約不適合責任免責); and the seller specifies the judicial scrivener (司法書士売主指定) for the transaction. The floor plan provided prioritizes the current layout over the original blueprint.
The apartment is situated in a convenient residential area with good access to daily necessities. Shopping options like まいばすけっと上板橋3丁目店 (515m) and コモディイイダ徳丸店 (720m) are within walking distance, along with a FamilyMart convenience store (570m). For dining out, popular chains such as 餃子の王将 are nearby (954m).
The location offers solid public transport access, being approximately a 12-minute walk from both Kami-Itabashi Station and Tobu-Nerima Station on the Tobu Tojo Line. The area is part of Tokyo's vibrant northwestern suburbs. An interesting local fact is that Itabashi Ward is home to the historic Itabashi Furusato no Mori Park, which preserves traditional Edo-period farmhouses and offers a glimpse into Tokyo's rural past. The closest major landmark is the prestigious Private Daito Bunka University, located about 1.9km away.