Overview of Raionzumanshon Kodaira (ライオンズマンション小平)
Raionzumanshon Kodaira (ライオンズマンション小平) is a 35-year-old condominium located at Kodairashi Misonochou 2 Choume 8-10 (小平市美園町2丁目8-10), Tokyo, Japan. Built in 1991, it comprises 26 units in a Reinforced Concrete (RC) structure. It was constructed by Toukou Kensetsu (東興建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,790〜3,280万円 (approx. $119,333–$218,667 USD at ¥150/$).
Unit sizes range from 52.0–61.3 sqm (560–660 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 1SLDK (1-bedroom w/ living-dining-kitchen + service room).
Location & Neighborhood
The property is located at Kodairashi Misonochou 2 Choume 8-10 (小平市美園町2丁目8-10), Tokyo, Japan. It is a 2-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 35 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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