Overview of Raionzumanshon Zama Dai 2 (ライオンズマンション座間第2)
Raionzumanshon Zama Dai 2 (ライオンズマンション座間第2) is a 38-year-old condominium located at Zamashi Iriya Higashi 4 Choume 41-25 (座間市入谷東4丁目41-25), Kanagawa, Japan. Built in 1988, it comprises 53 units in a Reinforced Concrete (RC) structure. It was constructed by Yamada Kensetsu (山田建設).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 300〜1,380万円 (approx. $20,000–$92,000 USD at ¥150/$).
Unit sizes range from 22.3–52.9 sqm (240–569 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 1K (1-bedroom w/ kitchen), 1R (Studio), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.5万/sqm (approx. $1,501/sqm or $139/sqft).
Location & Neighborhood
The property is located at Zamashi Iriya Higashi 4 Choume 41-25 (座間市入谷東4丁目41-25), Kanagawa, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 38 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 53 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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