Couple buy a San Francisco STREET with 38 mansions on it for just $90,000

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A savvy couple have snapped up the best property deal in San Francisco, buying a gated street with 38 mansions on it for a mere $90,000.

Tina Lam and Michael Cheng now own the roads, sidewalk and other previously public areas of Presidio Terrace, a cul-de-sac that has played home to Nancy Pelosi, among other notable figures.

That's come as a shock to the residents of the street - where homes cost an average of $5.1 million - who lost the property when the governing board failed to pay a $14-a-year property tax, SF Chronicle reported.






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