The property at 737 Dawson Ave, Long Beach, with a potential rental range of $3,230 to $4,084, boasts two bedrooms and two baths, typical for the Hellman neighborhood. Given the area's growing appeal and proximity to amenities, it holds promise. Features like hardwood flooring and updated kitchen elements enhance its rental attractiveness. However, being a single-family home, it lacks the multi-unit revenue stream. The estimated payback period hinges on stable occupancy, likely within a decade, given current market dynamics.
Consider adding modern amenities or energy-efficient upgrades to increase rental appeal and justify higher rent, potentially moving closer to the higher end of the rental range. If selling, highlight the property's location in the Rose Park Historic District and its upgraded interiors to attract interested buyers focused on long-term investment or personal residence.