Overview of Raionzumanshon Imasato (ライオンズマンション今里)
Raionzumanshon Imasato (ライオンズマンション今里) is a 39-year-old condominium located at Oosakashi Ikuno Ku Nakagawa 2 Choume 1-3 (大阪市生野区中川2丁目1-3), Osaka, Japan. Built in 1987, it comprises 95 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 95 past listings, prices have ranged from 750〜2,480万円 (approx. $50,000–$165,333 USD at ¥150/$).
Unit sizes range from 49.1–87.2 sqm (529–939 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), 1SDK (1-bedroom w/ dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen), 1LDK (1-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥37.8万/sqm (approx. $2,519/sqm or $234/sqft).
Location & Neighborhood
The property is located at Oosakashi Ikuno Ku Nakagawa 2 Choume 1-3 (大阪市生野区中川2丁目1-3), Osaka, Japan. It is a 9-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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 95 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.
Analyze this property's fair price and negotiation room for free at RE:public.