For SaleCondominium

Izumi Plaza Higashi-Totsuka

Hirado 5-chome, Totsuka-ku, Yokohama-shi, Kanagawa
Asking Price
¥19,800,000
Izumi Plaza Higashi-Totsuka - 1/11
1 / 11

Executive Summary

Located in Hirado 5-chome, Totsuka-ku, Yokohama-shi, Kanagawa, Izumi Plaza Higashi-Totsuka is a unit on the 6th floor of a 7-story reinforced concrete (RC) condominium building built in November 1981. Transportation is an 11-minute bus ride and a 4-minute walk from Higashi-Totsuka Station on the Yokosuka Line, and a 34-minute bus ride and a 4-minute walk from Yokohama Station on the Tokaido Main Line. The unit features a 3LDK layout with a floor area of 67.8 sqm, a balcony area of 6.46 sqm, and a south-facing orientation. Main amenities include an elevator, system kitchen, bathroom dryer, and a monitor intercom, with a full renovation of wet areas and the interior completed in March 2026. Land rights are ownership, and the zoning is a Quasi-Industrial Zone. The property is currently vacant and ready for immediate handover. In the surrounding area, there is a convenience store (119 m, a 2-minute walk), restaurants (201 m, a 3-minute walk), and commercial facilities (794 m, a 10-minute walk), and the building premises include an attached supermarket, clinic, drug store, and coin laundry.

Property Details

Building Area
67.8 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1981
Floors
Floor 6 of 7
Earthquake Std.
To be confirmed
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
Quasi-industrial zone

Costs besides the price

Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
住友不動産建物サービス株式会社
Owners' association
Yes
Total units
60 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.00%
Est. Net Yield
4.25%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

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¥20,100,000+¥840,000¥1,140,0005.4%-1.3%
2yr¥20,400,000+¥1,680,000¥2,280,00010.8%2.1%
3yr¥20,700,000+¥2,520,000¥3,430,00016.2%3.2%
4yr¥21,010,000+¥3,370,000¥4,580,00021.6%3.7%
5yr¥21,330,000+¥4,210,000¥5,740,00027%4.1%
6yr¥21,650,000+¥5,050,000¥6,900,00032.5%4.3%
7yr¥21,970,000+¥5,890,000¥8,070,00038%4.4%
8yr¥22,300,000+¥6,730,000¥9,240,00043.5%4.5%
9yr¥22,640,000+¥7,570,000¥10,410,00049.1%4.6%
10yr¥22,980,000+¥8,410,000¥11,590,00054.6%4.6%

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.)
¥1,419,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥719,400
Real Estate Acquisition Tax (est., rate varies by property type)¥350,000
Registration License Tax (title transfer)¥170,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥170,000

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

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.

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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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