For SaleDetached HouseAkiyaRebuilding not permitted

Karita 3, Sumiyoshi-ku, Osaka-shi

Karita 3-chome, Sumiyoshi-ku, Osaka-shi, Osaka
Asking Price
¥4,800,000
Est. Gross Yield: 16.92%
Karita 3, Sumiyoshi-ku, Osaka-shi - 1/4
1 / 4

Executive Summary

This is a wooden two-story detached house built in April 1962, located in Karita 3-chome, Sumiyoshi-ku, Osaka-shi, Osaka. Transit access includes a 7-minute walk from Abiko Station on the Osaka Municipal Midosuji Line, a 12-minute walk from Abikicho Station on the Hanwa Line, and a 15-minute walk from Nagai Station on the Osaka Municipal Midosuji Line. The building area is 50.2 sqm with a 4DK layout, and it is serviced by city gas, public water supply, public sewerage, and electricity. The land area is an officially registered 45.05 sqm under ownership rights, situated on flat terrain within a Category II Medium-to-High-Rise Residential Zone (60% building coverage ratio, 200% floor area ratio). It fronts a 3.2m wide private road on the west side, and rebuilding is not permitted. There is no parking space. The property is currently vacant, and handover timing is negotiable. Nearby facilities include an elementary school (100m, 2-minute walk), a kindergarten/nursery (116m, 2-minute walk), restaurants (238m, 3-minute walk), a post office (269m, 4-minute walk), and commercial facilities (310m, 4-minute walk).

Property Details

Building Area
50.2 ㎡
Layout
4DK
4 bedrooms + dining kitchen
Structure
Wood
Built Year
1962
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥810,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Negotiable

Land & legal restrictions

Rebuilding
Rebuilding not permittedIf the building is demolished, a new building cannot be built.
Land area
45.1 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Urbanization promotion area
Zoning
Category 2 mid/high-rise residential zone
Building coverage / floor area ratio
60% / 200%
Road access
West side Private road 3.2 m wide
Terrain
Flat

Costs besides the price

Parking
None

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 100 m

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Est. Gross Yield16.92%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
16.92%
Est. Net Yield
14.39%

Management and repair fees for this property are not available, so expenses are assumed to be 15% of rent.

Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥4,870,000+¥690,000¥760,00014.3%4.5%
2yr¥4,950,000+¥1,380,000¥1,530,00028.7%9.6%
3yr¥5,020,000+¥2,070,000¥2,290,00043.1%11.3%
4yr¥5,090,000+¥2,760,000¥3,060,00057.4%12.1%
5yr¥5,170,000+¥3,450,000¥3,820,00071.9%12.5%
6yr¥5,250,000+¥4,140,000¥4,590,00086.3%12.8%
7yr¥5,330,000+¥4,830,000¥5,360,000100.8%13%
8yr¥5,410,000+¥5,520,000¥6,130,000115.2%13.1%
9yr¥5,490,000+¥6,210,000¥6,900,000129.7%13.2%
10yr¥5,570,000+¥6,910,000¥7,680,000144.3%13.2%

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥521,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥80,000
Registration License Tax (title transfer)¥40,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥70,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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Book a Private Viewing or Online Consultation

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Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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