Talk to a 1031 specialistData updated Sep 25, 2025
Offering size$126.5M
Asset typeOffice
LocationHollywood (Los Angeles), CA
FinancingLeveraged
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedSep 25, 2025
Last filedSep 25, 2025
Minimum$1.3M
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 Private Placement Memorandum before investing.
1601 Vine is the Top1031 name for KB Hollywood, DST, a Delaware statutory trust sponsored by Kingsbarn Realty Capital. Its sole asset is 1601 Vine Street, an eight-story, Class-A office building of roughly 115,589 square feet at the corner of Vine Street and Selma Avenue on the Hollywood Walk of Fame. Delivered in 2017 and renovated in 2024, the property is 98% leased to SKIMS Body, Inc. under a new 15-year lease running through mid-2038, with the balance leased to City National Bank. Kingsbarn acquired the trophy asset, which the trust holds with leverage, in a transaction CoStar reported as one of Los Angeles's priciest recent office sales.
98% SKIMS Body Inc new 15-yr lease, 2% City National Bank; built 2016, LEED Gold; acq 4/1/25
115,589 SFBased on issuer-filed Form D notices through Sep 25, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount1.0%
Not enough filing history for a trend line.
Capital sold, per latest Form D$1,164,110
Remaining amount reported in latest Form D$125,335,890
Investor count reported in latest Form D2
Stated minimum investment$1,265,000
See the full reported financial recordBy creating an account you agree to the Terms of Service and acknowledge the Privacy Policy. We'll email you sign-in links and service notices about your account.
First filedSep 25, 2025
Latest filingSep 25, 2025
Filings tracked1
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property and location
The sole asset of KB Hollywood, DST is 1601 Vine Street in Hollywood, California — an eight-story, Class-A office building of approximately 115,589 square feet at the corner of Vine Street and Selma Avenue on the Hollywood Walk of Fame 1. The building was originally developed by J.H. Snyder Company and delivered in 2017, then extensively renovated in 2024 with high-end finishes, floor-to-ceiling windows, a limestone lobby with terrazzo flooring, and on-site photography studios 2.
Tenancy
The property is 98% leased to SKIMS Body, Inc. under a new 15-year lease, with SKIMS occupying the building from mid-2023 through mid-2038, and the remaining 2% leased to City National Bank 4. SKIMS completed approximately $26 million of tenant improvements at the property 4.
Acquisition
Kingsbarn acquired the building from Snyder Vine, LLC, an entity associated with developer J.H. Snyder Company 3. CoStar reported the roughly $908-per-square-foot price as the highest per-square-foot office price in Los Angeles in years 2. The trust holds the asset with leverage 7.
Sponsor
The sponsor is Kingsbarn Realty Capital, led by CEO Jeff Pori; the firm reports over $2.4 billion in assets under management and acquisitions of more than 315 properties 5. An issuer Form D dated September 25, 2025 reported a total offering amount of $126,500,000 with $1,164,110 sold as of that filing 6.
In the news
Frequently asked questions
Is 1601 Vine currently active?
1601 Vine is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for 1601 Vine?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.