![[Assessed 92%] Apartment Building in Kodaira, Tokyo — 10 min from Hitotsubashi-Gakuen Sta.](https://www.kenbiya.com/upload/p4653/4653241/1787037856929-psw.jpg)
[Assessed 92%] Apartment Building in Kodaira, Tokyo — 10 min from Hitotsubashi-Gakuen Sta.
Property Overview
| Location | Kodaira, Tokyo |
| Nearest Station | Seibu Tamako Line Hitotsubashi-Gakuen Sta. |
| Walk | 10 min walk |
| Assessed Ratio | 92%Assessed 92% |
| Price | ¥158,500,000 |
| Type | Apartment building |
| Expected Yield | 5.56% |
| Structure | Light steel frame |
| Built | Built May 2014 (12 years old) |
| Land Area | 489.37㎡ |
| Building Area | 381.84㎡ |
Where This Property Is Listed
This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.
| Kenbiya | ¥158,500,000View listing |
| Kenbiya | ¥158,500,000View listing |
| Rakumachi | ¥158,500,000View listing |
| Kenbiya | ¥158,500,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥107,661,400 |
| Building assessed value | ¥38,184,000 |
| Total assessed value | ¥145,845,400 |
| Asking price | ¥158,500,000 |
| Assessed ratio | 92% |
Calculation basis
- Land = road price ¥220,000/m² × land area 489.37m²
- Building = replacement cost ¥220,000/m² × floor area 381.84m² × remaining life 10y ÷ statutory life 22y
- Built May 2014 (12 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +7.3%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 205,000 | — |
| 2025 | 210,000 | +2.4% |
| 2026 | 220,000 | +4.8% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Rather than repeating the listing, we checked the 2026 road price map and the site photographs to verify where we took the road price, how much the ground rises and falls, and the basis of the building's assessed value.
What We Could Not Confirm
- Whether the building is an apartment house or a terraced house cannot be settled from the listing; if the latter, the ordinance's on-site passage rules need checking.
- The address stops at the chome, so the road price is a representative value for the area consistent with the 10-minute walk.
- The property is tenanted, but the number of vacancies and the rent breakdown are not stated.
※ Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.
Neighborhood ① Shopping Near the Station
Neighborhood ② Dining Near the Station
About This Property
An apartment building in Gakuen-Nishimachi 2-chome, Kodaira, Tokyo, a 10-minute walk from Hitotsubashi-Gakuen Station on the Seibu Tamako Line. A convenience store is about 397 m from our estimated location of the site, a supermarket about 437 m and a ramen shop about 365 m.
Built in May 2014, it is a two-storey light-gauge steel building with six 2LDK units. The building measures 381.84 sqm and the land 495.12 sqm (149.77 tsubo), held freehold. It is currently tenanted; annual income at full occupancy is JPY 8.21 million, a gross yield of 5.00%. Zoning is Category 1 Low-Rise Exclusive Residential with a 40% building coverage ratio and an 80% floor area ratio.
The listing's frontage field was blank at first, but a separate listing of the same property that appeared on 20 August 2026 gives it as a 5.4 m public road to the east, on a corner plot. The photographs likewise show the site level with the road and the parking area opening straight onto it. The ground-floor entrances sit in a row, so if the building counts as a terraced house (nagaya), Tokyo's building safety ordinance rules on on-site passages for buildings over 300 sqm could become an issue. In the photographs the entrances face the roadside parking area directly and no obstruction is visible.
The inheritance-tax road price on the frontage is JPY 220,000 per sqm. Land assessed at JPY 107.66 million plus the building at JPY 38.18 million (12 years old, 10 years remaining) gives JPY 145.85 million, or 92.0% of the JPY 158.5 million asking price. The property was first listed at JPY 164 million on 495.12 sqm; the separate listing of 20 August 2026 gives JPY 158.5 million on 489.37 sqm, and we take the lower price and the smaller area.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
Learn About Assessed Value and Financing
Our blog explains the basics you need to read the numbers on this page.
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積算評価（担保評価）とは、銀行が物件の担保価値を土地と建物から計算する方法です。計算式・再調達価格・法定耐用年数の目安、路線価を使った調べ方、融資が付きやすい物件の特徴を計算例つきで解説します。
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