Presidio Terrace: This is the second time residents lost their own street (CA)

Homeowners in ultra-wealthy Presidio Terrace were shocked in May to discover that their privately-owned street—as in the, lanes and sidewalks of the street itself, including over 100 potentially quite valuable parking spaces—sold at auction in 2015 because of a $14/year tax bill that went unpaid for some three decades.  But they shouldn’t have been, because something like this happened to the O-shaped avenue before.    Read the article……………


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