Overview of Raionzumanshon Keihin Kamata (ライオンズマンション京浜蒲田)
Raionzumanshon Keihin Kamata (ライオンズマンション京浜蒲田) is a 38-year-old condominium located at Ootaku Kita Koujiya 2 Choume 4-2 (大田区北糀谷2丁目4-2), Tokyo, Japan. Built in 1988, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Maeda Kensetsu Kougyou (前田建設工業).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 480〜980万円 (approx. $32,000–$65,333 USD at ¥150/$).
Unit sizes range from 19.9–21.9 sqm (214–236 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥39.1万/sqm (approx. $2,606/sqm or $242/sqft).
Location & Neighborhood
The property is located at Ootaku Kita Koujiya 2 Choume 4-2 (大田区北糀谷2丁目4-2), Tokyo, Japan. It is a 14-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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.
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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