Updated Sep 11, 2026
Starlight Union Acquires Covina Bowl Retail Property From Trumark Homes For $2M
1060 West San Bernardino Road
$2,000,000
$197/SF
Building Size
10,110 SF
Asset Type
Retail
Closing
Jul 14, 2026
About this deal
AI
The property involved in this transaction is located at 1060 West San Bernardino Road in Covina, California. It is categorized as a retail asset and has a total square footage of 10,110. The sale price for the property was $2,000,000, which translates to a price per square foot of $198.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,000,000
- Buyer: Starlight Union
- Seller: Trumark Homes
- Buyer's Representative: Tony Wang & Eva Wang - Ameriway Realty
- Seller's Representative: Roxy Klein - Progressive Real Estate Partners
This deal involved the buyer, Starlight Union, planning to convert the historic Covina Bowl property into a smart home retail showroom. The seller, Trumark Homes, facilitated the transaction through their representative, Roxy Klein from Progressive Real Estate Partners. The buyer representatives, Tony Wang and Eva Wang from Ameriway Realty, played a key role in negotiating the purchase.
Players
Covina Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93