Wealthy San Francisco Neighborhood Fails To Pay Taxes, Loses Private Street
After a series of $14 tax bills went unnoticed, San Francisco auctioned Presidio Terrace off to the highest bidder — a couple from San Jose. They're thinking of charging residents to park there.
26 Presidio Terrace, a four-floor San Francisco mansion, was recently on the market for $14.5 million. 30 Presidio Terrace, a neighbor in the gated community, last sold for $9.5 million.
But Presidio Terrace itself? As in, the street? The strip of pavement these tony residents rely on to reach their front doors? The private road the homeowners association has owned
