Overview of Esuriido Taishou Daini (エスリード大正第２)
Esuriido Taishou Daini (エスリード大正第２) is a 26-year-old condominium located at Oosakashidai Sei Ku Izuo 1 Choume 28-7 (大阪市大正区泉尾1丁目28-7), Osaka, Japan. Built in 2000, it comprises 78 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsuikensetsu , Morita Kensetsu (三井建設、 モリタ建設).
Pricing & Floor Plans
Based on 29 past listings, prices have ranged from 1,700〜3,980万円 (approx. $113,333–$265,333 USD at ¥150/$).
Unit sizes range from 56.8–84.1 sqm (611–905 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥47.0万/sqm (approx. $3,133/sqm or $291/sqft).
Location & Neighborhood
The property is located at Oosakashidai Sei Ku Izuo 1 Choume 28-7 (大阪市大正区泉尾1丁目28-7), Osaka, Japan. It is a 8-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 26 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 78 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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