For SaleCondominium

Lions Mansion Totsukacho Daini

Totsuka-cho, Totsuka-ku, Yokohama-shi, Kanagawa
  • Corner unit
Asking Price
¥2,800,000
Est. Net Yield: 8.84%
Lions Mansion Totsukacho Daini - 1/1
1 / 1

Executive Summary

Located in Totsuka-cho, Totsuka-ku, Yokohama-shi, Kanagawa, Lions Mansion Totsukacho Daini is a 6-story reinforced concrete (RC) condominium built in January 1989. It is situated a 17-minute walk from Totsuka Station on the Tokaido Main Line, Yokosuka Line, and Shonan-Shinjuku Line (Utsu). The subject unit is a north-facing corner unit located on the 1st floor, featuring a floor area of 18 sqm, a balcony area of 3.52 sqm, and a 1R layout. The building has a tiled exterior with a total of 29 units and is equipped with an auto-lock system, an elevator, an indoor washing machine space, bicycle parking, and motorcycle parking. The land rights are ownership. The property is currently tenanted (owner-change), and handover is negotiable.

Property Details

Building Area
18.0 ㎡
Layout
1R
Studio
Structure
RC
Built Year
1989
Floors
Floor 1 of 6
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥380,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
株式会社大京アステージ
Owners' association
Yes
Total units
29 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Gross Yield13.71%
Est. Net Yield8.84%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
13.71%
Est. Net Yield
8.84%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥2,840,000+¥250,000¥290,0008.9%-5.3%
2yr¥2,880,000+¥500,000¥580,00017.8%1.9%
3yr¥2,930,000+¥740,000¥870,00026.7%4.3%
4yr¥2,970,000+¥990,000¥1,160,00035.6%5.6%
5yr¥3,020,000+¥1,240,000¥1,450,00044.6%6.3%
6yr¥3,060,000+¥1,490,000¥1,750,00053.6%6.7%
7yr¥3,110,000+¥1,730,000¥2,040,00062.6%7%
8yr¥3,150,000+¥1,980,000¥2,330,00071.6%7.3%
9yr¥3,200,000+¥2,230,000¥2,630,00080.6%7.4%
10yr¥3,250,000+¥2,480,000¥2,930,00089.7%7.6%

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.)
¥461,000
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)¥50,000
Registration License Tax (title transfer)¥20,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥60,000

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.

Book from open times

Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

Apply online

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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