Compact and Secure Studio Apartment in Tokyo's Ikebukuro

This studio apartment, located in the vibrant Ikebukuro district of Tokyo's Toshima ward, offers a compact yet well-equipped living space ideal for urban dwellers. The property is part of the "High State Ikebukuro" building, a 9-story (plus one basement floor) SRC (steel-reinforced concrete) structure built in September 1991. The unit itself is situated on the 5th floor and features a wall-core exclusive area of 16.45 sqm (approximately 4.97 tsubo).

The apartment comes with several key amenities for modern, secure, and comfortable living. The equipment includes an eco-friendly and safe IH cooking heater, an air conditioning unit for comfort during hot summers, an auto-lock system for enhanced security to deter unauthorized entry, and an elevator. The building is managed by Taisei Yuraku Real Estate under a fully entrusted, patrol-based management system with an active management association.

Currently tenanted, this property presents an investment opportunity with an estimated annual rental income of 708,000 yen and a projected yield of 4.88%. The purchase price is 14,500,000 yen, with monthly running costs of 10,300 yen for management fees and 3,100 yen for repair reserve fund. The layout is a one-room studio, and the building complex contains a total of 34 units.

The area of Ikebukuro is a major commercial and entertainment hub in Tokyo, famous for its massive department stores, Sunshine City complex, and vibrant anime and pop culture scene. An interesting fact is that Sunshine City, one of Ikebukuro's landmarks, was built on the former site of Sugamo Prison. The closest major tourist attraction is the historic and serene Rikugien Garden, a beautiful traditional Japanese landscape garden located a short distance away, offering a peaceful escape from the city bustle.