Pearl Kami-Ikebukuro: A South-Facing Investment Apartment in Vibrant Toshima

This property is a 1K apartment located on the first floor of the 11-story "Pearl Kami-Ikebukuro" condominium in Tokyo's bustling Toshima Ward. With a compact yet efficient floor area of 25.1 sqm (measured internally), the unit benefits from a desirable south-facing orientation, ensuring ample natural light. Built in August 1990, the building features a robust SRC (steel-framed reinforced concrete) construction and is situated in a commercial zone. The apartment is currently tenanted, generating an annual income of 1,020,000 yen with a monthly rent of 85,000 yen (including a common area maintenance fee of 8,000 yen), resulting in a gross yield of approximately 4.74%. This represents an owner-change opportunity for investors.

Critical agent notes have been provided. The current status notes state: "Currently rented. To schedule a viewing, please feel free to contact us with your preferred date." Furthermore, important remarks clarify: "There is no parking lot within the property grounds. Contract non-conformity liability is exempt. Regarding the developer and construction company, as there are no documents that can be verified at the Toshima Ward Office, they are unknown." These points are essential for potential buyers to consider, particularly the lack of on-site parking and the disclaimer regarding the building's original developer.