{"id":400409,"date":"2026-07-16T06:16:07","date_gmt":"2026-07-16T06:16:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/400409\/"},"modified":"2026-07-16T06:16:07","modified_gmt":"2026-07-16T06:16:07","slug":"ca-property-sells-for-10-despite-being-valued-at-900k-but-theres-a-catch","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/400409\/","title":{"rendered":"CA Property Sells For $10 Despite Being Valued At $900K \u2014 But There&#8217;s A Catch"},"content":{"rendered":"<p>The lot at 8215 MacArthur Blvd. \u2014 which contains weeds, trash and a billboard \u2014 went into tax default 31 years ago before being bought by a nonprofit that later dissolved, leaving the debt to compound, KQED reported.<\/p>\n<p>Black Cultural Zone Community Development Corp. opted to take the land, noting that despite the low price tag, it will still have to raise $40 million to build the affordable housing it has planned for the site, according to KQED, which noted the state controller still needs to sign off on the sale.<\/p>\n","protected":false},"excerpt":{"rendered":"The lot at 8215 MacArthur Blvd. \u2014 which contains weeds, trash and a billboard \u2014 went into tax&hellip;\n","protected":false},"author":2,"featured_media":400410,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[143,145,144],"class_list":["post-400409","post","type-post","status-publish","format-standard","has-post-thumbnail","category-oakland","tag-oakland","tag-oakland-headlines","tag-oakland-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/400409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=400409"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/400409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/400410"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=400409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=400409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=400409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}