Overview of Sebon Setagaya Sakura (セボン世田谷桜)
Sebon Setagaya Sakura (セボン世田谷桜) is a 23-year-old condominium located at Setagayaku Sakura 3 Choume 25-26 (世田谷区桜3丁目25-26), Tokyo, Japan. Built in 2003, it comprises 12 units in a 鉄骨造 structure. It was constructed by Shin Kousan Gyou (伸興産業).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 3,798〜7,380万円 (approx. $253,200–$492,000 USD at ¥150/$).
Unit sizes range from 75.3–89.0 sqm (811–958 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥76.9万/sqm (approx. $5,127/sqm or $476/sqft).
Location & Neighborhood
The property is located at Setagayaku Sakura 3 Choume 25-26 (世田谷区桜3丁目25-26), Tokyo, 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 23 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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