Tina Lam and Michael Cheng have bought Presidio Terrace, leaving rich San Francisco residents in shock that reside on the street.
Tina Lam and Michael Cheng snatched up Presidio Terrace the block-long, private oval street lined by 35 megamillion-dollar mansions for $90,000 and change in a city-run auction stemming from an unpaid tax bill. They outlasted several other bidders.
Story Credit SF Chronicle
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