Overview of Esuteeto Tachikawa Ichibanchou 2 3 Goutou (エステート立川一番町２３号棟)
Esuteeto Tachikawa Ichibanchou 2 3 Goutou (エステート立川一番町２３号棟) is a 43-year-old condominium located at Tachikawashi Ichibanchou 6 Choume 17-1-23 (立川市一番町6丁目17-1-23), Tokyo, Japan. Built in 1983, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi , Nittou Kensetsu , Daihoukensetsu (浅沼組、 日東建設、 大豊建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥17.8万/sqm (approx. $1,185/sqm or $110/sqft).
Location & Neighborhood
The property is located at Tachikawashi Ichibanchou 6 Choume 17-1-23 (立川市一番町6丁目17-1-23), Tokyo, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 43 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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