Freshly painted exterior, FHA & VA buyers are welcomed. Discover the potential of this hidden gem in the heart of Cypress. With the opportunity to transform this "diamond in the rough" into your dream property, the possibilities are endless. Situated on a premium 6,150 sq. ft. rectangular lot, this 2 bedroom, 1 bath home offers a solid foundation for your creative vision.What sets this property apart is its prime location and future potential. The city may be planning to designate this area for high density development, opening the door to future investment opportunities. Buyers are encouraged to verify this information, as it is not guaranteed. One of the lowest priced single family homes in Cypress, this property is located in a highly desirable neighborhood, near top tier schools such as Morris Elementary, Lexington Jr. High, Cypress High School, and Oxford Academy (with testing). Dont miss out on this incredible opportunity to secure a rare find with endless potential in one of Cypresss most sought after areas! It appears the city is considering plans to designate this area for future high density development. However, buyers are advised to independently verify this information, as no guarantees can be made at this time. Just minutes away from shopping, dining, entertainment, Trader Joes, golfing and easy access to freeways. Walking distance to the wonderful Mackay Park & Arnold Cypress park with sports fields/courts, BBQs and playgrounds. Short distance to Knotts Berry Farm & Disneyland. Dont miss this great opportunity for such a rare find.