They Bought a Street in San Francisco

[kadee79]

Thanks to a little-noticed auction sale, a South Bay couple are the proud owners of one of the most exclusive streets in San Francisco — and they’re looking for ways to make their purchase pay. 
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.

Now they’re looking to cash in — maybe by charging the residents of those mansions to park on their own private street.

Those residents value their privacy — and their exclusivity. Past homeowners have included Sen. Dianne Feinstein and her financier husband, Richard Blum; House Democratic leader Nancy Pelosi; and the late Mayor Joseph Alioto. A guard is stationed round the clock at the stone-gate entrance to the street to keep the curious away.

www.msn.com/en-us/money/realestate/rich-sf-residents-get-a-shock-someone-bought-their-street/ar-AApDDSC?li=BBmkt5R&ocid=spartanntp

[OldCoyote]

Wow!! They can ask anything they want!!

The question would be if you owned one of the other properties there, Do I build a heliport, Buy a helicopter or do I pay

$100,000 a year to be able to walk or drive to my house?

Think about it, If they close a street and side walk off how do you get home?

If you can't get there how can you even sell you house to get away?