Apartment in Totsuka, Yokohama
This property is a 3DK apartment unit located on the 5th floor of a 6-story steel-reinforced concrete apartment building in Totsuka, Yokohama, Kanagawa. The building was constructed in January 1985 and comprises 59 total units. The unit has a registered floor area of 48.41 square meters and a balcony measuring 7.65 square meters. The layout is 3DK, offering three rooms plus a dining-kitchen area.
The property is being offered through a court auction with a base bid price of 4,760,000 yen. The minimum bid price is set at 3,808,000 yen, and an earnest money deposit of 952,000 yen is required. The property has a gross yield of 15.4% and a cap rate of 11.2%. The lease demand score is 21 out of 25 points.
The location is in Totsuka, Yokohama, Kanagawa, approximately 1.8 km south of JR Tokaido Line Totsuka Station. The address is 130-2 Shimokurata-cho, Totsuka-ku, Yokohama-shi, Kanagawa. The property is registered as a residence with ownership land rights. A monthly service fee of 24,620 yen applies.
The court case number is 2025(M)358, handled by the Yokohama District Court. The bid deadline is June 16, 2026, and the sale decision is scheduled for July 6, 2026. The property is being sold through a sealed bid auction.