THIS LOT CAN ADD 2 ADDITIONAL UNITS (RM20 FA) The lot has an existing 2 bedroom 1 bath house that has been rented out for the past 3 years to the same tenant who pays $2000.00 per month net. Owner has plans that were previously approved by the city of Cypress for building an additional 1898 SF - 3 bdrm - 2.5 bath home behind the existing home. If new buyer would like to use these plans, they can be resubmitted to the city for approval. To view house plans See Supplements THE LOT IS ZONED FOR 3 UNITS. See SEE SUMMARY OF PROJECT COST AND PROPOSE 3 UNIT SITE PLAN in Supplemental Section. Cypress has top rated schools. Buyer can receive rental income while processing approval for the additional house or additional rental units. Seller makes no representation as to what may or may not be developed on the property other than what Seller has already submitted. It is Buyer's responsibility in finding out what can be developed on the property. This property is being sold in “as is” condition. Any reports and or work that needs needs to be done Shall be at buyers cost.