Skip to content
Akiya in Nerima, Tokyo
$67,586⚖️ Court auction
¥10,680,000 · minimum bid (売却基準価額) · Built 1969 (57 yrs)

⚖️ This is a court foreclosure auction — not a normal sale.

The headline figure is the court's minimum bid (売却基準価額), not an asking price. Buying at auction means paying a deposit (~20%) up front, bidding during a fixed window, often being unable to inspect inside, and sometimes inheriting existing occupants. Read the court's 3-point set (三点セット) before bidding.

How Japanese court auctions work →

3DK Court auction property in Nerima, Tokyo

Building
48.94 m²
Size
14.8 坪
Layout
3DK
Structure
Steel-reinforced concrete (SRC)
Address
練馬区桜台一丁目2番地20

Auction details

Minimum bid (売却基準価額)
¥10,680,000
Min. acceptable bid (買受可能価額)
¥8,544,000
Deposit (保証金)
¥2,136,000
Tenure (敷地利用権)
所有権
Bidding (入札期間)
2026-08-13 → 2026-08-20
Bids opened (開札期日)
2026-08-26
Total units (総戸数)
66
Admin fee (管理費)
¥20,470/mo
Court
東京地方裁判所本庁
Case (事件番号)
東京地方裁判所本庁 令和08年(ケ)第89号
⚠ Occupied (占有者: 債務者・所有者) — removing an occupant may require a separate court delivery order.

3点セット(物件明細書・現況調査報告書・評価書)は裁判所BITサイトで入手

View on the courts' BIT auction site (3-point set) ↗

出典:不動産競売物件情報サイト(BIT)/裁判所

Location

Approximate location (street-level geocoded via 国土地理院). 練馬区桜台一丁目2番地20

Investment snapshot

An indicative long-term rental estimate — to compare listings, not an appraisal.

Est. monthly rent
¥76,000
≈ $481/mo
Est. annual rent
¥912,000
≈ $5,771/yr
Gross yield
8.5%
high (verify!)

Basis: 48.94m² × ¥2600/m²/mo × 0.6 age factor (Tokyo). Gross yield = annual rent ÷ (price), before tax, vacancy, and management. Regional rent rates are conservative order-of-magnitude medians (public rent surveys), not a guarantee — rural demand can be thin. Always validate locally before relying on any figure.

Hazard & due diligence

Japan has real flood, landslide, and earthquake exposure that varies street by street. Check the official government hazard maps for this exact location before buying.

Sources: 重ねるハザードマップ (国土地理院) · J-SHIS (防災科研). Always confirm with the seller and municipality.