[Assessed 86.8%] Six-unit apartment building in Fujisawa, Kanagawa — 11 min from Zengyo Sta.

A whole-building apartment for sale in Zengyozaka 1-chome, Fujisawa, an 11-minute walk from Zengyo Station on the Odakyu Enoshima Line. Built in July 1994, it is a two-storey light-gauge steel building with six units, 550.63 sq m of land (registry figure, about 166 tsubo) and 434.96 sq m of usable floor area. The price is 88.8 million yen, with a projected yield of 6.40% and projected annual rent of 5.71 million yen as listed. Each unit is a 3DK with two 6-mat Western rooms, a 6-mat Japanese room and a 9.5 to 12.5-mat dining kitchen. The owner currently lives in the building and it is sold with tenants in place.

Reading the FY2026 roadside land price map (sheet 76128) street by street across Zengyozaka 1-chome, 140D appears most often, alongside three streets at 135D, two at 145D and one each at 130D and 125D. We took the modal 140,000 yen per sq m, which also covers the centre of the district. The listing states there is no private road burden and the plot is not a flagpole lot, so the effective residential land is the full 550.63 sq m. Light-gauge steel carries a 22-year statutory service life, so at 32 years old the building is assessed at zero and the ratio of 86.8% rests on the land alone.

We examined all four listing photographs. In the front and south-east exterior shots, the asphalt parking area and the ground floor sit at the same level: there is no step up from the street, no stepped access and no retaining wall. The shared entrance is flat through to the doorway. The parking area fronts the street across a wide face, confirming a regular-shaped plot rather than a flagpole lot. The western boundary, however, is completely hidden behind an overgrown hedge and climbing plants, with neither the ground nor any wall visible in a single frame.

The listing notes state that a landslide warning zone (yellow zone) runs along the western boundary. A yellow zone differs from a special warning zone (red zone), which does carry building restrictions, but it does indicate a steep slope on the neighbouring land to the west. Since the photographs do not show the western boundary, please inspect any retaining wall or cut slope on site. The road frontage field is also blank, and the notes mention a written agreement on passage over a covenant road to the south and another on maintaining a fire-water tank beneath it. Confirming whether the site adjoins a road recognised under the Building Standards Act is best done through the municipal road register.