Inside the exclusive multimillion-dollar San Francisco street that a couple bought for $90,000

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Tina Lam and Michael Cheng are living their version of the American dream.

The couple made headlines this week when a San Francisco Chronicle story outed their 2015 purchase of Presidio Terrace — a private cul-de-sac lined by $35 million mega-mansions.

An unpaid tax bill caused the City of San Francisco to put it up for sale, without the knowledge of the street’s wealthy residents. Lam, an engineer in Silicon Valley, and Cheng, a real-estate agent, scooped up the street, its sidewalks, and other “common ground” for $90,000.

Now residents are up in arms, in part because the couple wants to charge them rent for using the street’s 120 parking spaces. The homeowners association has sued the couple and the city.

We used Google Earth to get a look at the exclusive private development.

About the author 

Daniel Latto

Daniel Latto is the owner and Director of The Daniel Latto Group, a Full Service Digital Marketing Agency.

Daniel advises businesses on marketing on Social Media using both Paid and Organic content. His top rated iTunes Podcast; 'The Wealth Creation Show' has hundreds of thousands of listeners around the world.

Daniel originally became Financially Free through property, with a Multi Million Pound Property porftolfio in Leeds.

He now lives in Spain on the shores of the Mediterranean.

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