Overview of Abeno Koopo (阿倍野コーポ)
Abeno Koopo (阿倍野コーポ) is a 59-year-old condominium located at Oosakashi Abenoku Hannan Machi 3 Choume 36-1 (大阪市阿倍野区阪南町3丁目36-1), Osaka, Japan. Built in 1967, it comprises 40 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Touyou Doken (東洋土建).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 350〜1,480万円 (approx. $23,333–$98,667 USD at ¥150/$).
Unit sizes range from 40.0–50.0 sqm (431–538 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 1DK (1-bedroom w/ dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 3K (3-bedroom w/ kitchen).
Estimated price per sqm: ¥20.0万/sqm (approx. $1,331/sqm or $124/sqft).
Location & Neighborhood
The property is located at Oosakashi Abenoku Hannan Machi 3 Choume 36-1 (大阪市阿倍野区阪南町3丁目36-1), Osaka, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Seismic standards: Built in 1967, 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 59 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.
Analyze this property's fair price and negotiation room for free at RE:public.