The property at 661 W 26th St, San Pedro, offers potential rental revenue between $3,250 and $5,125 per month, deriving from its 3-bedroom, 2-bathroom configuration. Given the local market trends in Coastal San Pedro, a payback period could range from 14 to 22 years, depending on the rental rate achieved. The home's ocean views, proximity to beaches, and a large lot size are significant selling points. However, being a single-family home, it lacks the multi-unit appeal for scalability.

To enhance rental income, consider adding an Accessory Dwelling Unit (ADU) on the spacious lot, capitalizing on the zoning allowance. This could attract higher rents and reduce the payback period. If contemplating selling, emphasize the property's unique views and potential for expansion, which are attractive to both investors and individual buyers looking for a primary residence with income possibilities.