Overview of Tsuruyama Dai Daini Juutaku 4 Goutou (鶴山台第２住宅４号棟)
Tsuruyama Dai Daini Juutaku 4 Goutou (鶴山台第２住宅４号棟) is a 52-year-old condominium located at Izumi Ichizuru Santai 3 Choume 4-4 (和泉市鶴山台3丁目4-4), Osaka, Japan. Built in 1974, it comprises 20 units in a Reinforced Concrete (RC) structure. It was constructed by Juutaku Toshi Seibi Koudan (住宅都市整備公団).
Pricing & Floor Plans
Based on 2 past listings, prices have ranged from 480〜880万円 (approx. $32,000–$58,667 USD at ¥150/$).
Unit sizes range from 79.1–79.1 sqm (851–851 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 Izumi Ichizuru Santai 3 Choume 4-4 (和泉市鶴山台3丁目4-4), Osaka, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Seismic standards: Built in 1974, this property predates Japan's 1981 New Seismic Design Standards (新耐震基準). Buildings constructed before June 1981 were built to older earthquake resistance codes. Buyers should consider seismic retrofit status.
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 52 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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