An AVAsset (or AVURLAsset) contains AVMetadataItems in an array, of which one may be of the common key AVMetadataCommonKeyLocation.
The value of that item is a string which appears in a format like:
+39.9410-075.2040+007.371/
How do you convert that string into a CLLocation?
Okay I figured it out after finding that the string is in the ISO 6709 format, and then finding some relevant Apple sample code.
Here's the Apple sample code: AVLocationPlayer
Also, here's code to convert back: