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710 E Cedar
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building located in Burbank California
- Total building footprint consists of four residential units
- Current asking price set at 1,600,000 dollars
- Investment property featuring a 4.3 percent cap rate
- Strategically situated within the highly sought 91501 zip code
What's Special
Burbank remains a central hub for the entertainment industry and a highly stable residential market within the Los Angeles metropolitan area. This multifamily apartment building sits in a prime location at 710 E Cedar, benefiting from its proximity to major media employers and regional transit corridors. The property features four residential units, providing a manageable scale for investors looking to establish a footprint in this dense, supply-constrained submarket. Given the consistent demand for rental housing in Burbank, this asset serves as an ideal vehicle for a long-term hold strategy. Investors may focus on value preservation through standard operations or potential unit upgrades, as the current layout supports traditional residential occupancy. Its position in 91501 offers convenient access to local services and highway infrastructure, ensuring continued appeal to tenants working in the surrounding professional sectors. With a reported cap rate of 4.3 percent, the building represents a stable entry point for those seeking residential income generation in an established Southern California neighborhood.
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