Modern Investment Apartment in Tokyo's Itabashi Ward
This property is a well-maintained 1K apartment located on the 4th floor of a 5-story (with 2 basement levels) reinforced concrete condominium building in Itabashi Ward, Tokyo. The apartment offers a compact yet efficient living space with a wall-core exclusive area of 24.75 sqm (approximately 7.48 tsubo). The layout includes an 8.5-tatami mat Western-style room and a 3.3 sqm balcony facing southwest for primary sunlight. The building was constructed in March 2006 and features a total of 56 units.
Key equipment and features of the property include a bath dryer, a washbasin with shower, ample storage space, air conditioning, a 24-hour ventilation system, BS/CS/CATV terminals, an indoor washing machine space, an auto-lock building entrance, a monitor-equipped intercom, 24-hour security, fire alarms, city gas, a water heater, an elevator, and a bicycle parking area. The building is managed by J-REX Corporation under a fully outsourced, patrol-based system with a management association. The property is currently tenanted, generating an estimated annual rental income of 1,020,000 yen, with a projected yield of 4.37%. An owner change is planned for the year. The transaction is handled as a general intermediary.
The apartment is situated in the Tokumaru 1-chome area of Itabashi, a residential ward in northern Tokyo known for its blend of urban convenience and local charm. A notable nearby landmark is the historic Shakujii Park, a vast green space featuring ponds, walking trails, and the ruins of Shakujii Castle, offering a peaceful retreat from city life. The property is conveniently located just a 5-minute walk from Tobu Railway's Tobu Nerima Station on the Tojo Line, providing direct access to Ikebukuro and the wider Tokyo metropolitan area.
