Google street view image for 1516 S Downey Rd, Los Angeles, CA 90023

Off market aug 1978 for $38K

$617,959

Est. refi paymentEst. refi $278/mo

•

2 ba

•

972

sq ft

1516 S Downey Rd, Los Angeles, CA 90023

About this home

1516 S Downey Rd is a 972 square foot house on a 5,349 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on August 17, 1978 for $38,000. Based on Redfin's Los Angeles data, we estimate the home's value is $617,959.

Single-familyProperty Type

1941Year Built

5,349 sq ftLot Size

$636Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$617,959

$580K since sold in August 1978$22K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7% lower than the average sale price ($664K) of 6 comparable homes.

SOLD MAY 21, 2026
$800,000
A
3 beds3 baths1,320 sq ft
1327 S Eastern, Commerce, CA 90040
SOLD OCT 7, 2026
$600,000
B
3 beds2 baths1,016 sq ft
3451 Estrada, Los Angeles, CA 90023
SOLD OCT 14, 2026
$540,000
C
3 beds2 baths1,325 sq ft
650 S Sydney Dr, Los Angeles, CA 90022
SOLD OCT 7, 2026
$850,000
D
3 beds2 baths888 sq ft
1028 S Gage, Los Angeles, CA 90023
SOLD SEP 11, 2026
$685,000
E
3 beds2 baths1,326 sq ft
3913 E 55th, Maywood, CA 90270
SOLD OCT 15, 2026
$510,000
F
2 beds2 baths754 sq ft
464 Hoefner Ave, Los Angeles, CA 90022

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Earn from this home

Sell

$583,385

Est. take-home

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Est. cash available

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Rent

$2,757/mo

Redfin rental estimate

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Market trends in Eastside LA, CA

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

100.1%

+0.0% MoM

Median sale price

$740K

$5K MoM

Avg. days on market

62d

0 days MoM

Recently sold homes

172

1 MoM

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See all

Provided by Redfin

Sale history for 1516 S Downey Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,182 (+4.6%)

$41,552 + $74,313

$115,865

2024

$2,086 (+1.5%)

$40,738 + $72,856

$113,594

2023

$2,056 (+4.0%)

$39,940 + $71,428

$111,368

2022

$1,977 (+1.3%)

$39,157 + $70,028

$109,185

2021

$1,951 (−0.4%)

$38,390 + $68,655

$107,045

2020

$1,959 (+3.0%)

$37,638 + $67,309

$104,947

2019

$1,902 (+4.8%)

$37,253 + $66,619

$103,872

2018

$1,814 (+1.9%)

$36,523 + $65,313

$101,836

2017

$1,780 (+2.6%)

$35,105 + $62,778

$97,883

2016

$1,735 (+1.4%)

$35,105 + $62,778

$97,883

2015

$1,711 (−0.2%)

$34,417 + $61,548

$95,965

2014

$1,714 (+0.4%)

$33,237 + $59,437

$92,674

2012

$1,707 (+3.0%)

$33,087 + $59,169

$92,256

2011

$1,657 (−0.4%)

$32,439 + $58,009

$90,448

2010

$1,664 (+3.8%)

$31,803 + $56,872

$88,675

2009

$1,604 (+4.1%)

$31,566 + $56,447

$88,013

2008

$1,541

$31,641 + $56,582

$88,223

Tax history for 1516 S Downey Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,182 (+4.6%)

$41,552 + $74,313

$115,865

2024

$2,086 (+1.5%)

$40,738 + $72,856

$113,594

2023

$2,056 (+4.0%)

$39,940 + $71,428

$111,368

2022

$1,977 (+1.3%)

$39,157 + $70,028

$109,185

2021

$1,951 (−0.4%)

$38,390 + $68,655

$107,045

2020

$1,959 (+3.0%)

$37,638 + $67,309

$104,947

2019

$1,902 (+4.8%)

$37,253 + $66,619

$103,872

2018

$1,814 (+1.9%)

$36,523 + $65,313

$101,836

2017

$1,780 (+2.6%)

$35,105 + $62,778

$97,883

2016

$1,735 (+1.4%)

$35,105 + $62,778

$97,883

2015

$1,711 (−0.2%)

$34,417 + $61,548

$95,965

2014

$1,714 (+0.4%)

$33,237 + $59,437

$92,674

2012

$1,707 (+3.0%)

$33,087 + $59,169

$92,256

2011

$1,657 (−0.4%)

$32,439 + $58,009

$90,448

2010

$1,664 (+3.8%)

$31,803 + $56,872

$88,675

2009

$1,604 (+4.1%)

$31,566 + $56,447

$88,013

2008

$1,541

$31,641 + $56,582

$88,223

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Jan 28, 2025 • Final

Road encroachment

Place storage bins in the public right of way to store excavated soil for transport and disposal. This work is part of the state program for soil remediation.

Grading

Sep 4, 2024 • Final

Grading permit - county

Remove lead-impacted soil as part of a residential cleanup project. Excavate soil to a specific depth as required by environmental standards.

Demolition

Grading

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Exterior

Property Information
Subdivision Name: 4301
Living Sq. Ft: 972
# of Units: 1
Legal Description: TRACT # 4301 LOT 19

Lot Information
# of Buildings: 1
Land Sq. Ft: 5,349
Legal Lot Number: 19
Legal Block Number: 5
Acres: 0.1228
Zoning Code: LCM2*
County Use Description: SINGLE FAMILY RESID

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 972
Stories: —
Lot Size: 5,349 square feet
Style: Single Family Residential
Year Built: 1941
Year Renovated: 1951
County: Los Angeles County
APN: 5241024007

Home facts updated by county records on Oct 6, 2026

Around this home

Schools

K - 12
Preschool & daycare

Eastman Avenue Elementary School

Public K-5 • Assigned • 0.5mi

7/10

Robert Louis Stevenson Middle School

Public 6-8 • Assigned • 1.2mi

3/10

James A. Garfield Senior High School

Public 9-12 • Assigned • 1.5mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...
6 days ago • Los Angeles County
Sang Ur
Redfin Premier agent
123 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 93° expected this year, 21 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

5/10 Air Factor

9 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Los Angeles, CA • 90023

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.8 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$588,000 – $711,000

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Home values near 1516 S Downey Rd

Data from public records.

Address	Redfin Estimate
1447 S Downey Road, Los Angeles, CA 2 Beds \| 1 Baths \| 610 Sq. Ft.	$551,026
1501 S Downey Road, Los Angeles, CA 2 Beds \| 1 Baths \| 974 Sq. Ft.	$606,464

Address	Redfin Estimate
1443 S Downey Road, Los Angeles, CA 1 Beds \| 1 Baths \| 649 Sq. Ft.	—
1461 S Downey Road, Los Angeles, CA 2 Beds \| 1 Baths \| 816 Sq. Ft.	$519,023

Address	Redfin Estimate
1509 S Downey Road, Los Angeles, CA 2 Beds \| 1 Baths \| 672 Sq. Ft.	$550,305
1455 S Downey Road, Los Angeles, CA 4 Beds \| 1 Baths \| 1000 Sq. Ft.	$606,553

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Eastside LA, CA

Sale history for 1516 S Downey Rd

Tax history for 1516 S Downey Rd

Permits

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 90023

Home values near 1516 S Downey Rd

More real estate resources