According to property records, the couple purchased the house at 930 Monterey Blvd. in 2014, with Truong as the primary owner. Over the next two years, she used the house as collateral to take out loans from private individuals totaling nearly $500,000, the records show.
In 2017, Truong transferred ownership of the house to a business entity she operated using the address of Zentrum Motors. That entity paid off the debts before taking an additional $1.8 million in financing from Cathay Bank, according to property records.
By 2019, Truong took out two more loans totaling more than $2.7 million, according to property records. One originated from National Fleet Wholesale, a used-car wholesale dealership in Southern California. A year later, the company loaned Truong an additional $260,000.
Almir Zalihic sold his deli at 499 Monterey Blvd. to Truong and Ocheltree in 2020. The couple reworked it into a high-end liquor and wine retailer called Starr Spirits, which shuttered in 2023.
“They just raised the prices and scared away all the locals,” Zalihic said. “They made it look very nice inside, but it just didn’t work for the residential neighborhood.”
Meanwhile, the couple opened four locations of Orbit Coffee, three in Oakland and one in San Jose, that specialized in cafe sua da, a Vietnamese iced coffee that paid homage to Truong’s heritage. All four locations also closed in 2023.
While their businesses were closing, a foreclosure company working on behalf of National Fleet started the process of seizing the home for unpaid debts. The couple tried to delay the public auction of their home that year, but the property eventually sold for $2 million.
In March, Truong and Ocheltree were booted as owners and replaced by entities tied to their mortgage company, which was owed nearly $2.5 million. The family remained in the house, and the sheriff’s office said they had received no formal eviction notice.
Additionally, Truong was sued Jan. 21 in San Francisco Superior Court by her credit card company for unpaid debt.
Superior Court records show that Discover Bank sought to recover $17,716 from Truong after a missed payment at the end of last July. In a judge’s default ruling on April 18, 2025, Truong was ordered to pay in full, adding $441 in costs, for a total of $18,157.26.
