LA County pays $20M to buy beachfront property returned to black family as reparations

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A black family that was given a Los Angeles beachfront property as reparations has decided to sell the home back to the city council for $20 million.

The pricey plot in the celebrity haven of Manhattan Beach is now a park that bears the family name of a couple who built the first black oceanfront resort in the area.The county of Los Angeles confiscated the property in 1924 under eminent domain due to pressure from white neighbors and the Ku Klux Klan, Los Angeles County Supervisor Janice Hahn said.

— Janice Hahn February 2, 2021 Hahn said in a statement on Tuesday:"This fight has always been about what is best for the Bruce family, and they feel what is best for them is selling this property back to the county for nearly $20 million and finally rebuilding the generational wealth they were denied for nearly a century."

“It destroyed their chance at the American dream. I wish they could see what has happened today,” the Daily Mail reported. The Bruce parcel is one of the priciest on the coast — a 3,000-square-foot home near the property is listed for sale at $13.5 million, according to Zillow.com. The Bruce family paid just $1,225 in 1912 and were evicted in 1924.

 

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FYI- That 20m = 5yrs of taxes on CA beachfront property...

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