Compact Investment Apartment in Nerima, Tokyo
This one-room apartment, located on the top floor of a 4-story reinforced concrete building constructed in August 1985, offers a practical investment opportunity in Tokyo's Nerima Ward. The property features a compact 14.84 sqm (approx. 4.48 tsubo) interior with a south-facing balcony of 2 sqm, providing pleasant natural light. A key feature is its top-floor position, which offers greater privacy by eliminating concerns about passersby looking into the unit from the street, a common issue in lower-level apartments. Furthermore, the south-facing orientation and elevated floor help minimize the intrusion of flying insects.
Translated agent notes highlight important details: The property is currently tenanted, with an immediate handover possible upon purchase. The annual projected rental income is 636,000 yen, yielding an estimated 7.48% return. Pet ownership is negotiable, specifically for small dogs. The building is managed by Japan Housing Corporation under a fully outsourced, patrol-based management system. The transaction is handled by an agent, and the floor plan prioritizes the current condition of the property.
The apartment is conveniently situated within an 8-minute walk from Saginomiya Station on the Seibu Shinjuku Line and a 6-minute walk from Toritsu-Kasei Station on the same line, providing excellent access to central Tokyo. The Nerima area is known for its residential atmosphere and numerous parks. An interesting local fact is that Nerima is historically famous as the birthplace of the Japanese radish, the daikon. The closest major landmark is the expansive Shakujii Park, a large public park featuring a beautiful pond, historical sites, and extensive walking paths, offering a natural retreat within the city.
