The Difference Between Condominiums and Townhomes

A buyer of a condominium owns his or her individual unit, plus a percentage of the surrounding property, including land and any amenities on the property. (The word “condominium” is Latin, meaning “common ownership” or “common control.”) Residents are members of a homeowners’ association and pay a monthly fee to the association in exchange for maintenance of the common property. Each condominium complex has a master deed which outlines the percentage of ownership each unit in the development has invested in the entire complex. That percentage determines residents’ monthly dues to the association. Condominiums come in a wide variety of architectural styles, from two- and three-story buildings arranged apartment-complex style with carports to luxurious high-rise properties with sweeping views of the surrounding city or natural landscape.

A buyer of a townhome purchases his or her individual unit, as well as the ground underneath that unit. Each townhome has its own roof, in contrast to condominiums. Townhome residents also typically belong to a homeowners’ association and pay monthly fees in exchange for the general maintenance of common outdoor areas. Townhomes occasionally come with such single-family home amenities as garages and backyards (albeit small backyards), for which owners generally are responsible for maintaining.

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1 W Century Drive Unit Ph40 Los Angeles, CA 90067

$35,000,000
4 Beds
8 Baths
9,290 SqFt
Status Active
MLS # 19494566
Property Type Condominium
Price Type --
Hovering above the city like a floating palace is Penthouse 40, the Mansion in the Sky that occupies the entire 40th floor of the exclusive Century building. The sprawling interior has been transformed by noted interior designer LM Pagano into a stunning palette of textures & colors that are both contemporary & classic, comprising a bold statement worthy of the most discerning buyer. The custom interior features 4 bedrooms, a grand living room & a seductively plush screening room. The master suite defies description with premier views, a seating area with a fireplace, dual baths & expansive closets. Four massive terraces provide an abundance of outdoor space while 360-degree views mesmerize at all times of the day & night with a glorious symphony of light & landmarks from the downtown skyline to the ocean. The gated Century features around-the-clock concierge & security, an oversized pool with cabanas, a top-of-line gym & fitness studio, movie theater, private wine storage & more.

10601 Wilshire Unit 19e Los Angeles, CA 90024

$23,895,000
5 Beds
7 Baths
7,000 SqFt
Status Active
MLS # 20580232
Property Type Condominium
Price Type --
The Wilshire House; Timelessly designed by Bauhaus architect Victor Gruen is Los Angeles' preeminent full service luxury high-rise building. Situated on the Wilshire Corridor, residents are minutes from world-class offerings on the West side. PH19 occupies nearly an entire floor & is the 42-month culmination of 2 penthouses reimagined as 1 contemporary home, the largest unit in the building! Breathtaking views of the city from the mountains to Catalina. Constructed as a safe house for utmost privacy & security. Superlative finishes include Italian closets, Stark Carpets, Bavarian wood floors & Lalique faucets. Entertainers dream featuring private elevator, 3,000 bottle wine cellar, living room & formal dining room. Terraces surround the PH offering perfect indoor/outdoor living. A N/S tennis court, pool, fitness center, spa, banquet room, library & valet parking further enhance this modern building. Live among the elite in this prestigious one of a kind, once in a generation offering!

2604 5th Ave Unit 9th Floor San Diego, CA 92103

$16,500,000
8 Beds
12 Baths
13,527 SqFt
Status Active
MLS # 200023389
Property Type Condominium
Price Type --
Extremely exclusive... entire penthouse floor offering! This is a conceptual listing, representing a combination of the entire penthouse floor at 41West. Current active units 901 (3,995sq) + 902 (2,830sq) + 903 (2,707sq) + 904 (3,995sq). 41West is the only new condo development in San Diego offering 10 ft ceilings in every living space, protected views of San Diego Bay, & nanawall sliders standard in each home.

10727 Wilshire Boulevard Unit Ph 4 Los Angeles, CA 90024

$14,850,000
3 Beds
4 Baths
5,118 SqFt
Status Active
MLS # 19495292
Property Type Condominium
Price Type --
Step off the elevator and into this gleaming chic and modern penthouse at the exquisite Remington. The expansive windows perfectly frame the glorious views of city lights and rolling hills from the ocean to the city. The main level features a two story living room, dining area, high tech kitchen as well as an enticing bar that ushers you to the grand outdoor patio, an extraordinarily rare find in high-rise living. The upstairs master suite is a surreal experience of dazzling amenities and quiet elegance with an unbelievable master bath and huge walk in closet. The Remington, a supreme architectural statement on Wilshire Blvd, provides top notch services like valet and concierge as well as luxurious amenities including a top of the line fitness center and salt water pool. Other features are a salon with catering kitchen, private wine storage and outdoor courtyard.

1020 Prospect St Unit Ph3 & Ph5 La Jolla, CA 92037

$10,900,000
5 Beds
7 Baths
4,564 SqFt
Status Active
MLS # 190061100
Property Type Condominium
Price Type --
Opportunity to combine 2 penthouse units for prime beach living. From the moment you step into the Muse La Jolla, you'll see that every aspect of our architecture, design, and amenities have been thoughtfully considered to create the environment you deserve-from expansive window walls down to the most detailed fixtures and finishes. Steps to the beach and all the village has to offer. Enjoy luxury turn-key living at its finest.

1 W Century Drive Unit B Los Angeles, CA 90067

$10,500,000
3 Beds
4.5 Baths
6,750 SqFt
Status Active
MLS # 19460918
Property Type Condominium
Price Type --
The Century, a 42-story masterpiece, designed by Robert A.M. Stern Architects, presides above four private acres of lush gardens with outdoor dining rooms, fountains, walking paths, 75 ft. lap pool, cabanas, Equinox design gym, Pilates studio, spa, yoga studio, screening room, dining room, bar lounges, wine cellar, conference room and children's playroom. To further add to estate living there is a 24 hour guard gate, valet, doorman and concierge. This Crespo designed three bedroom, three and one half bath three level townhouse features an oversized great room with dining area, family room and enclosed eat-in kitchen with a private terrace. Massive terrace is coupled with a beautiful fireplace to entertain family and friends. The upper level includes the bedrooms and a luxurious master bedroom suite with terrace, featuring his and hers bathrooms and dressing areas and office. There is also a lower level that can be a home office or wine cellar.

10800 Wilshire Unit 1701 Los Angeles, CA 90024

$9,995,000
4 Beds
4.5 Baths
5,280 SqFt
Status Active
MLS # 20558798
Property Type Condominium
Price Type --
In the highly coveted Californian awaits this immaculate & luxurious double-unit condo boasting breathtaking views throughout. Relish five-star hotel-like living with amenities including concierge service, pool, spa, fitness center and 24-hour valet. The private entry welcomes you to the spacious and open floorplan, beautifully accented by floor-to-ceiling windows overlooking the jaw-dropping vistas. An entertainer's dream, the living spaces seamlessly blend with the dining, both anchored by an elegant wet bar. Gourmet kitchen w/center island, ss appliances, extensive cabinetry for storage & breakfast nook. At day's end, retreat to your sumptuous master suite w/sliding glass doors to a balcony, lounge/office space, oversized walk-in closet & decadent bath w/glass shower, tub & dual vanity sinks. Condo amenities include sophisticated guest beds, laundry room, staff quarters & more. Make this mesmerizing condo your home today & live just moments from the best Beverly Hills has to offer!

1200 Club View Drive Unit 9s Los Angeles, CA 90024

$9,950,000
3 Beds
4 Baths
4,020 SqFt
Status Active
MLS # 20541144
Property Type Condominium
Price Type --
Welcome to Beverly West, LA's most ultra luxe discerning full-service high-rise. This elegant building offers 22 stories of luxury. This unit has been fully upgraded with impeccable materials and vision, showcasing marble flooring, custom cabinetry, fully-equipped chefs kitchen with Miele appliances, and designer touches throughout to make this upscale home a one of a kind masterpiece. This unit is the entire south side of the building with private resident and service elevators. Views span from the Los Angeles Country Club, to the Pacific, capturing stunning views of Downtown,Century City and LA Country Club golf course. Enjoy the luxury and convenience of impeccable service and amenities ranging from 24 hour security/doorman and concierge service, valet parking and porter services, a saltwater pool and Pilates studio. Additional unit available on the 4th floor. Unsurpassed luxury living with easy access to Beverly Hills, Century City and coveted Holmby Hills.

1750 Ocean Front Del Mar, CA 92014

$9,495,000
3 Beds
4 Baths
2,698 SqFt
Status Active
MLS # 200005598
Property Type Condominium
Price Type --
Live your dream on the sand in the exclusive Del Mar Beach Colony enclave. No expense was spared in 2016 when it was completely rebuilt with the highest quality level. The contemporary beach-chic styling offers Modern amenities & exceptional one-of-a-kind details. Vanishing glass doors open to the fresh salty air & breathtaking ocean views. Lavish main floor master retreat w/fireplace, sleek bath w/steam shower, heated floors, & private patio. 2 spacious Br suites w/walk-in closets &... (see supplement)

1200 Club View Drive Unit 1001 Los Angeles, CA 90024

$9,058,000
3 Beds
3.5 Baths
3,818 SqFt
Status Active
MLS # 19479052
Property Type Condominium
Price Type --
Beverly West is an ultra-luxe, 22-story boutique high-rise overlooking the Los Angeles Country Club with 35 breathtaking, light-filled residencies. 360 Views stretch east from Beverly Hills to Hollywood and Downtown, south to Century City and west to the Pacific. Beverly West is the ultimate in Southern California luxury living with amenities ranging from a 24-hour doorman and concierge service, security team and valet, to a saltwater pool and Pilates studio. Five unique design schemes have been expertly tailored to the Beverly West's residences, showcasing the home collections of David Sutherland, Christian Liaigre, Ralph Lauren's City Modern, Armani/Casa, and James Perse's Malibu Collection--all expressing a casual approach to elegance that is distinctly Californian.

110 Ocean Park Boulevard Unit 505 Santa Monica, CA 90405

$8,750,000
3 Beds
3.5 Baths
2,900 SqFt
Status Active
MLS # 19434080
Property Type Condominium
Price Type --
Elegance with style at the beach in Santa Monica, Sea Colony III: a 24 hour guard gated complex, Amazing combination of 2 west facing penthouse units with panoramic unobstructed white water ocean, coastal, mtn, and sunset views the moment you enter, 4 oceanfront balconies. , sumptuous master bedroom with den on upper level with 2 en suite guest bedrooms on lower. Features: onsite Manager, pool, 3 spas, gym, rec room, extra storage, 4 car parking, visitor parking, Public Tennis, the bike path, Main St, close to the Santa Monica Place, 3rd St Promenade, Venice, Private and secure away from the hustle and traffic. Feel as if you are out of town on holiday, far away....yet close enough to get back to reality.

1200 Club View Drive Unit 700 Los Angeles, CA 90024

$8,554,000
3 Beds
4 Baths
4,158 SqFt
Status Active
MLS # 19502276
Property Type Condominium
Price Type --
Beverly West is an ultra-luxe, 22-story boutique high-rise overlooking the Los Angeles Country Club with 35 breathtaking, light-filled residencies. 360 Views stretch east from Beverly Hills to Hollywood and Downtown, south to Century City and west to the Pacific. Beverly West is the ultimate in Southern California luxury living with amenities ranging from a 24-hour doorman and concierge service, security team and valet, to a saltwater pool and Pilates studio. Five unique design schemes have been expertly tailored to the Beverly West's residences, showcasing the home collections of David Sutherland, Christian Liaigre, Ralph Lauren's City Modern, Armani/Casa, and James Perse's Malibu Collection--all expressing a casual approach to elegance that is distinctly Californian.