Overview of Eina Higashisumiyoshi (エイナ東住吉)
Eina Higashisumiyoshi (エイナ東住吉) is a 25-year-old condominium located at Oosakashi Higashisumiyoshi Ku Kuwazu 4 Choume 1-5 (大阪市東住吉区桑津4丁目1-5), Osaka, Japan. Built in 2001, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Morita Kensetsu (モリタ建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,680〜2,980万円 (approx. $112,000–$198,667 USD at ¥150/$).
Unit sizes range from 62.4–73.1 sqm (672–787 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Oosakashi Higashisumiyoshi Ku Kuwazu 4 Choume 1-5 (大阪市東住吉区桑津4丁目1-5), Osaka, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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