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1101 East Avenue
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- The asset comprises 10 units of multifamily residential space.
- This apartment building is listed for 7,500,000 dollars.
- The investment carries a current cap rate of 4.07 percent.
- The property is located in the Burbank submarket of California.
- Burbank is a major employment center for the entertainment industry.
What's Special
This multifamily apartment building contains 10 units and is situated at 1101 East Avenue in Burbank, California. Burbank serves as a prominent media and entertainment hub within the Greater Los Angeles area, providing a stable tenant base supported by numerous nearby production studios and corporate headquarters. The property is positioned within a dense residential landscape that benefits from proximity to major regional transit arteries and diverse local commerce. Investors may view this asset as a value-add potential or a stabilized income-producing holding within a highly desirable submarket. Given the consistent demand for rental housing throughout Southern California, the location appeals to professionals and families seeking access to employment centers and cultural amenities. This asset presents a clear opportunity for buyers looking to expand their portfolio within the San Fernando Valley.
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