Black Panther Birthplace Flipped and Sold in Oakland

Real estate investors renovated the two-bedroom bungalow in Oakland with chic maple and quartz upgrades.

Friday, Mar 23, 2012  |  Updated 4:10 PM PDT
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Black Panther House Flipped and Sold

Frederick M. Brown/Getty Images

Panther co-founder Bobby Seale's family sold the house in October for $200,000. After the renovation, the house is expected to bring in twice that amount.

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The Black Panther party preached "power to the people," but in the San Francisco Bay area's thriving real estate market, the power is 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 reported Panther co-founder Bobby Seale's family sold the house in October for $200,000.

Real estate investors renovated the two-bedroom bungalow with chic maple and quartz upgrades before putting it on sale for twice that amount.

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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