Overview of Raionzumanshon Uehonmachi Daisan (ライオンズマンション上本町第３)
Raionzumanshon Uehonmachi Daisan (ライオンズマンション上本町第３) is a 40-year-old condominium located at Oosakashi Tennouji Ku Ishi Ke Tsuji Machi 6-13 (大阪市天王寺区石ケ辻町6-13), Osaka, Japan. Built in 1986, it comprises 52 units in a Reinforced Concrete (RC) structure. It was constructed by Morita Kensetsu (モリタ建設).
Pricing & Floor Plans
Based on 37 past listings, prices have ranged from 630〜3,798万円 (approx. $42,000–$253,200 USD at ¥150/$).
Unit sizes range from 24.2–66.6 sqm (260–717 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SK (1-bedroom w/ kitchen + service room), 1K (1-bedroom w/ kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥45.4万/sqm (approx. $3,029/sqm or $281/sqft).
Location & Neighborhood
The property is located at Oosakashi Tennouji Ku Ishi Ke Tsuji Machi 6-13 (大阪市天王寺区石ケ辻町6-13), 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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 52 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.