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Residents of San Francisco’s exclusive Presidio Terrace neighborhood hired a lawyer in hopes. Thanks to a city auction stemming from an unpaid tax bill, Bay Area real estate investor Michael Cheng, and his wife Tina Lam, bought the.

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(Newser) – A real estate-savvy couple is now the proud owner of the streets and sidewalks of uber-wealthy, uber-exclusive San Francisco gated community Presidio Terrace. But residents of the 35 mega-mansions lining the private, oval.

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A California couple spent $90,000 to buy a San Francisco street lined with houses worth millions, and those wealthy homeowners are now pushing back. Tina Lam and Michael Cheng, a real estate investor, bought Presidio Terrace for.

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City leaders are now moving to rescind the sale. SAN FRANCISCO — Tina Lam is an engineer with an engineer’s.

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Presidio Terrace is a "block-long, private oval street lined by. Two years ago, the city of San Francisco put the street, sidewalk, etc up for sale to recover $994 in unpaid taxes. A pair of property speculators called Tina Lam and Michael.

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SAN. San Francisco neighborhood are unhappy about a real estate deal that could lead to them having to pay to park on their own street. KCBS and Chronicle Insider Phil Matier reports in Monday’s Matier and Ross column that Presidio.

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