1601 Vine
Class-A office property in Hollywood (Los Angeles), CA · sponsored by Kingsbarn Realty Capital
1601 Vine is a DST sponsored by Kingsbarn Realty Capital that owns a class-A office property in Hollywood (Los Angeles), CA. Its latest Form D, filed Sep 21, 2026, lists a $126.5 million offering with a $1,265,000 minimum.
Key facts
- Minimum investment
- $1,265,000From the Form D
- Offering size
- $126,500,000Equity offered, per the Form D
- Sold so far
- Form D, Sep 21, 2026; the % is our arithmetic62.3%
- Investors reported
- Form D, Sep 21, 202677
- Selling commissions
- Form D Item 15; the % is our arithmetic$3,260,000 · 2.5% of offering
- Financing
- Leveraged. This offering reports mortgage debt on the property.How it is financed ↓
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
Sales so far
- Latest Form D
- Sep 21, 2026 · 2 filings
- First sale
- Aug 14, 2025
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
- Amount sold
- $78,842,720
- Not yet sold
- $47,657,280
- Investors
- 77
Calculated by Top1031 from the Form D filings, not stated by the sponsor:
62.3% of $126,500,000 sold, calculated by Top1031 from the Form D
- Average since first sale
- about $5.9 million a month
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Ask a 1031 specialist about this recordFree. About: 1601 Vine. Top1031 is not a broker-dealer.1601 Vine · Hollywood (Los Angeles), CA · Photo: docvault-docs.kingsbarn.com
What does 1601 Vine own?
Kingsbarn describes 1601 Vine as an eight-story Class-A office building at the corner of Vine Street and Selma Avenue in Hollywood. 1 It was built in 2016 and is LEED Gold certified. Commercial Property Executive reported that the building was renovated in 2024 to adapt it to SKIMS's needs and that Kingsbarn bought it from J.H. Snyder for $105 million. 2 Kingsbarn reports $26 million of SKIMS tenant improvements at the property. 1
- Property address
- 1601 Vine Street (at Selma Ave), Hollywood (Los Angeles), CA
- Property size
- +/-115,589 SF
How have sales gone?
The sponsor’s own numbers, with the caveat in Sales so far ↑.
How is it financed, and what did it cost to sell?
Leveraged means the property is held subject to mortgage debt, which is serviced before anything reaches investors. Kingsbarn said it funded the acquisition with a first mortgage from Hankey Capital plus additional equity from IBI Volcano Investments, naming no loan amount, rate, maturity or loan-to-value ratio. 4
Debt
- Financing
- Leveraged. This offering reports mortgage debt on the property.
Costs and terms from the Form D
- Selling commissions
- $3,260,000 · 2.5% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $11,315,000 · 8.9% of offeringForm D Item 16· The filing’s note: “Sponsor/its affiliate will receive financing and acquisition fee totaling $10,500,000 for structuring the offering and the property acquisition, plus $815,000 reimbursement for relevant offering expenses incurred related with the Offering totaling.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- MIT Associates, LLC · CRD 121171
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Aug 14, 2025
- Minimum investment
- $1,265,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.
Who's behind 1601 Vine?
Kingsbarn Realty Capital buys commercial buildings and syndicates fractional interests in them to 1031 exchange investors across a multi-offering DST platform. The Real Deal recounted how the firm revived and closed the 1601 Vine purchase after the Silicon Valley Bank and Signature Bank failures disrupted its financing in 2023. On August 21, 2025 Kingsbarn announced that the building had been structured as this Delaware statutory trust offering, available to accredited investors — those meeting SEC income or net-worth tests. 3
- Sponsor
- Manager
- Kingsbarn MT Holdings, LLC
- Sponsor entity in the Form D
- Kingsbarn Real Estate Capital, LLC
- Signatory trustee
- KB Hollywood ST, LLC
- Depositor
- KB Hollywood Holdings, LLC
- Master tenant
- KB Hollywood MT, LLC
- Offerings on record
What does the SEC record show?
A Form D is the brief notice a sponsor files with the SEC after its first sale of interests. Kingsbarn filed one for this Trust and later amended it to update the offering's reported progress. 5 Because the offering may be advertised publicly under Rule 506(c), the sponsor must verify that each subscriber is accredited.
- Legal Trust name
- KB Hollywood, DST
- SEC CIK
- 2086046
- First Form D
- Sep 25, 2025
- Latest Form D
- Sep 21, 2026
- Filings on record
- 2
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D/A | $126,500,000 | $78,842,720+$77,678,610 | 77+75 | EDGAR | |
| Form D | $126,500,000 | $1,164,110 | 2 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Common questions
- Is 1601 Vine an active offering?
- 1601 Vine is an Active offering: its latest Form D was filed Sep 21, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
- Who is the tenant, and how long is the lease?
- Kingsbarn reports that SKIMS Body, Inc., the apparel brand, leases 98% of 1601 Vine and that City National Bank leases the remaining 2%. Kingsbarn also says SKIMS began occupying the building in mid-2023 and leases it through mid-2038.
- What did Kingsbarn pay for the building, and when?
- Commercial Property Executive reported in April 2025 that Kingsbarn Realty Capital acquired 1601 Vine from J.H. Snyder for $105 million; Commercial Observer, the Los Angeles Times and the Los Angeles Business Journal reported the same $105 million figure that month. Top1031's record dates the acquisition to April 1, 2025. The price comes from press coverage and sponsor announcements rather than a filed public record, so the acquisition terms in the offering documents are the place to confirm it.
- What debt is on the property?
- The Trust is leveraged, meaning the property is held subject to mortgage debt that is paid before investors. Kingsbarn stated that it financed the acquisition with a first mortgage from Hankey Capital plus additional equity from IBI Volcano Investments, but named no loan amount, interest rate, maturity or loan-to-value ratio. Research as of October 4, 2026 did not establish a current mortgage balance, rate, maturity or loan-to-value ratio from any public source. Loan terms are an offering-document item.
- What is the minimum investment?
- The Form D reports a minimum outside investment of $1,265,000 — a far larger entry point than many DST offerings, which often start near $100,000. Sponsors sometimes retain discretion to accept less, so confirm the current minimum with the sponsor or your broker-dealer before planning around it.
In the news
Sources
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DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current offering documents before investing.