An empty Oakland lot just sold for $10, but the million-dollar headache comes free.
A long-neglected vacant lot in East Oakland has officially changed hands for just $10, but the dirt-cheap price tag doesn’t tell the whole story. The new owner is also inheriting years of financial baggage tied to the property, including roughly $1.7 million in unpaid taxes, penalties and liens, according to KQED.
This week, Alameda County supervisors approved the symbolic sale of the 15,000-square-foot parcel at 8215 MacArthur Blvd. to the Black Cultural Zone Community Development Corporation (BCZ), a nonprofit focused on community revitalization and affordable housing…