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Home where Black Panther Party founded flipped

Home where Black Panther Party founded flipped after transformation into chic Oakland bungalow By The Associated Press

OAKLAND, Calif. (AP) ' The Black Panther party preached "power to the people," but in the San Francisco Bay area's thriving real estate market, the power's in the property.

Realtors expected to close a deal Friday on the Oakland home where the militant black power group was founded in 1966.

The Oakland Tribune reports (http://bit.ly/GSQhOX ) Panther co-founder Bobby Seale's family sold the house in October for $200,000.



Investors renovated the two-bedroom bungalow with maple and quartz upgrades before listing it for twice that.

Seale says he and Huey Newton drafted the party's manifesto around the home's dining room table.

The surrounding streets that armed party members once patrolled in the name of black empowerment are quickly gentrifying, with longtime residents like Seale departing for less expensive suburbs.

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Information from: The Oakland Tribune, http://www.oaklandtribune.com

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Information from: The Oakland Tribune, http://www.oaklandtribune.com


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