For SaleCondominium

Lions Mansion Hiranuma No. 2 Separate Bath and Toilet

Hiranuma 1-chome, Nishi-ku, Yokohama-shi, Kanagawa
  • Corner unit
Asking Price
¥10,900,000
Est. Net Yield: 5.19%
Lions Mansion Hiranuma No. 2 Separate Bath and Toilet - 1/13
1 / 13

Executive Summary

This reinforced concrete (RC) 7-story condominium built in November 1981 is located in Hiranuma 1-chome, Nishi-ku, Yokohama-shi, Kanagawa. Transportation access includes a 3-minute walk from Tobe Station on the Keikyu Main Line, a 9-minute walk from Hiranumabashi Station on the Sagami Railway Main Line, and a 12-minute walk from Yokohama Station on the Keihin-Tohoku and Negishi Lines. The subject unit is a southeast-facing corner room on the 2nd floor with a floor area of 24.6 m², a balcony area of 2.7 m², and a 1K layout. In June 2025, renovations of wet areas (kitchen, bathroom, toilet, washroom, water supply and drainage pipes) and full interior work (floors, walls, ceiling, fixtures) were completed, including layout modification to separate the bath and toilet and installation of a new IH cooktop. Facilities include an air conditioner, a warm-water washing toilet seat, a monitor-equipped intercom, an elevator, and more. The land rights are ownership, and the property is located in a Commercial Zone. The current status is vacant, allowing for immediate handover. It is 186 m (3-minute walk) to a convenience store and 190 m (3-minute walk) to a commercial facility.

Property Details

Building Area
24.6 ㎡
Layout
1K
Studio with separate kitchen
Structure
RC
Built Year
1981
Floors
Floor 2 of 7
Earthquake Std.
To be confirmed
Est. Annual Rent
¥820,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Commercial zone

Building management

Management type
Partly outsourced
Building manager
不在
Total units
27 units

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

Location & Map

Investment Analysis

Est. Gross Yield7.5%
Est. Net Yield5.19%

This property is currently leased, but the current rent is not available, so this figure is estimated from market rents. The actual current rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
7.50%
Est. Net Yield
5.19%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥11,060,000+¥570,000¥730,0006.2%-0.8%
2yr¥11,230,000+¥1,130,000¥1,460,00012.5%2.7%
3yr¥11,400,000+¥1,700,000¥2,200,00018.7%3.9%
4yr¥11,570,000+¥2,260,000¥2,930,00025%4.5%
5yr¥11,740,000+¥2,830,000¥3,670,00031.3%4.9%
6yr¥11,920,000+¥3,400,000¥4,410,00037.6%5.1%
7yr¥12,100,000+¥3,960,000¥5,160,00044%5.2%
8yr¥12,280,000+¥4,530,000¥5,910,00050.4%5.3%
9yr¥12,460,000+¥5,090,000¥6,660,00056.8%5.4%
10yr¥12,650,000+¥5,660,000¥7,410,00063.2%5.4%

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.)
¥825,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥425,700
Real Estate Acquisition Tax (est., rate varies by property type)¥190,000
Registration License Tax (title transfer)¥90,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥110,000

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

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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.

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