[Assessed 84.5%] Apartment building in Ebina, Kanagawa — 6 min from Sagamino Sta.

⚠️ Points to note on road access and photos. The Rakumachi listing leaves the road-frontage, private-road burden and road-width fields blank, and the seller's LIFULL HOME'S listing has no such details either, so the listings do not show how many metres the site fronts a road under the Building Standards Act. No on-site photographs are published, so retaining walls, any level difference from the front road, whether the lot is a flag lot, whether the building shares a wall with a neighbour, and the exterior condition are all unverified. Confirmation with the broker and a site visit are prerequisites for any purchase decision.

The property is a whole-building apartment in Higashi-Kashiwagaya 2-chome, Ebina, Kanagawa, a 6-minute walk from Sagamino Station on the Sotetsu Main Line. Sotetsu Life Sagamino (supermarket and restaurants) and Doutor sit in front of the station, with Maruetsu and Sushiro a short walk away, so daily convenience for single-occupant rentals is in place. Ebina lies outside National Route 16, but this site treats it like Sagamihara and already carries articles in the city. The zoning is quasi-industrial (building coverage 60%, floor-area ratio 200%) and the land is held in fee simple.

The building is a two-storey wooden structure with 6 units, completed in March 1985 (41 years old), total floor area 208.26 sqm on a 220.28 sqm registered lot. It is fully occupied, with an assumed annual income of 3.30 million yen (275,000 yen per month), a gross yield of 7.04% and an asking price of 46.9 million yen. The seller's liability for non-conformity is waived, no confirmed survey has been carried out, and taking over the seller-designated LP-gas supplier is a condition of sale.

For the assessed value we traced every block-road band in Higashi-Kashiwagaya 2-chome on the 2026 inheritance-tax road-price map and took the most frequent value, 180,000 yen per sqm (leasehold ratio symbol D), giving land of 39.65 million yen; the 41-year-old wooden building counts as zero, so the total is 84.5% of the asking price. Block-road values in the district rose from 160,000 yen in 2024 to 165,000 yen in 2025 and 180,000 yen in 2026, up 12.5% in two years. The lot number is not disclosed, however, so the exact frontage band is unconfirmed and 170,000 and 165,000 yen roads remain in the district. On a 170,000 yen frontage the ratio would be 79.9%, just under 80%, and the seller's stated assessed value of 36.34 million yen (165,000 yen per sqm, 77.5%) matches the 2025 modal value and appears to be last year's figure. As an older wooden apartment whose land value exceeds 80% of the price, it merits consideration once road access and site conditions are confirmed.