California Lot Sells for $10 Despite $1 Million Value, but with an Unwanted Catch

An empty Oakland lot sold for $10, but it carries approximately $1.7 million in unpaid taxes and liens. The 15,000-square-foot property at 8215 MacArthur Blvd was approved for sale to the Black Cultural Zone Community Development Corporation, a nonprofit focused on community revitalization and affordable housing. Despite its long neglect and legal challenges, officials see potential for reuse and economic benefit through rehabilitation and development.

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