Index Investing News
Thursday, May 7, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

LA County to pay $20M for Black family’s seized land

by Index Investing News
January 4, 2023
in Property
Reading Time: 2 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


LOS ANGELES (AP) — Southern California beachfront property that was taken from a Black couple through eminent domain a century ago and returned to their heirs last year will be sold back to Los Angeles County for nearly $20 million, officials said Tuesday.

The heirs’ decision to sell what was once known as Bruce’s Beach was announced by Janice Hahn, chair of the county Board of Supervisors, and state Sen. Steven Bradford, who led local and state governmental efforts to undo the long-ago injustice.

“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,” Hahn said in a statement.

Bradford, who authored the state legislation that enabled the land’s return, said he supported the heirs’ decision to sell it to the county because current zoning regulations would prevent them from developing it in an economically beneficial manner.

The land in the city of Manhattan Beach was purchased in 1912 by Willa and Charles Bruce, who built a small resort for African Americans on the south shore of Santa Monica Bay.

The Bruces suffered racist harassment from white neighbors, and in the 1920s the Manhattan Beach City Council condemned the property and took it through eminent domain. The city did nothing with the property, and it was transferred to the state of California and then to Los Angeles County.

The county built its lifeguard training headquarters on the land, which includes a small parking lot.

Hahn learned about the property’s history and launched the complex process of returning the property, including determining that two great-grandsons of the Bruces are their legal heirs.

Terms of the transfer agreement completed last June called for the property to be leased back to the county for 24 months, with an annual rent of $413,000 plus all operation and maintenance costs, and a possible sale back to the county for nearly $20 million, the estimated value.



Source link

Tags: 20MBlackCountyFamilyslandPayseized
ShareTweetShareShare
Previous Post

SolarEdge acquires UK co Hark Systems

Next Post

BTC market dominance exceeds 40% after 6 months

Related Posts

Just Listed | 11211 Prosperity Farms Road #B203 & 204

Just Listed | 11211 Prosperity Farms Road #B203 & 204

by Index Investing News
May 7, 2026
0

Double office suite for Sale in Palm Beach Gardens PRETTY IN PALM BEACH GARDENS2,034 sqft  Double office suite in Palm...

Virginia Greek Revival Estate Finds a Buyer at .25 Million in Just 2 Days

Virginia Greek Revival Estate Finds a Buyer at $4.25 Million in Just 2 Days

by Index Investing News
May 3, 2026
0

A one-of-a-kind Georgian manor located just 20 minutes from Richmond, VA, has found a buyer after just two days on...

Two Sisters, Two Husbands, a Toddler and a House in the Bay Area

Two Sisters, Two Husbands, a Toddler and a House in the Bay Area

by Index Investing News
April 29, 2026
0

For years, Aviva Maslow and her younger sister Elana casually joked about buying a home together. The two had grown...

DOJ Drops Powell Probe, Clearing Path For Warsh As Fed Chair

DOJ Drops Powell Probe, Clearing Path For Warsh As Fed Chair

by Index Investing News
April 25, 2026
0

The DOJ dropped its criminal probe of Fed Chair Jerome Powell Friday, clearing a key Senate hurdle for Kevin Warsh’s...

Just Listed | 8801 Wellington View Drive

Just Listed | 8801 Wellington View Drive

by Index Investing News
April 17, 2026
0

Fully reimagined Extended Portland model for Sale in Wellington View WONDERFUL IN WELLINGTON VIEW5 Beds | 4.5 Baths This highly sought-after,...

Next Post
BTC market dominance exceeds 40% after 6 months

BTC market dominance exceeds 40% after 6 months

Tesla, Wynn, Traeger, Amazon and more

Tesla, Wynn, Traeger, Amazon and more

RECOMMENDED

Opinion – Political Positionality and the Struggle within the Ukraine

Opinion – Political Positionality and the Struggle within the Ukraine

March 26, 2022
Max Verstappen feels F1 teams that bungled 2022 technical regulations will always be playing catch up with the rest of the grid

Max Verstappen feels F1 teams that bungled 2022 technical regulations will always be playing catch up with the rest of the grid

January 18, 2023
Klarna, nearing IPO, wins fintech partnership from Affirm

Klarna, nearing IPO, wins fintech partnership from Affirm

March 18, 2025
Simply In Time For Valentine’s Day, Hegseth Takes The Romance Out Of NATO – FREEDOMBUNKER

Simply In Time For Valentine’s Day, Hegseth Takes The Romance Out Of NATO – FREEDOMBUNKER

February 15, 2025
Seeds of Resilience Regardless of Huge Destruction in Gaza — International Points

Seeds of Resilience Regardless of Huge Destruction in Gaza — International Points

October 29, 2024
2022 Bill Gates Portfolio Stock List

2022 Bill Gates Portfolio Stock List

November 19, 2022
ConsenSys Launches First Institutional Staking Marketplace

ConsenSys Launches First Institutional Staking Marketplace

March 23, 2023
Biden slams Trump for assaults on Haitian People: ‘This has to cease’ | US Election 2024 Information

Biden slams Trump for assaults on Haitian People: ‘This has to cease’ | US Election 2024 Information

September 14, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In