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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9647 Spyglass Avenue Unit 17 CA 92240

$112,500,000 - 1Br/1Ba -  for Sale in Mission Lakes,
New
$112,500,000
1 Bed
1 Bath
565 SqFt
Status Active
MLS # 22175453
Property Type Condominium
Price Type --
Nestled around beautiful mountain views in a quiet neighborhood just minutes away from Greater Palm Springs. The originals are there and ready to be replaced with the buyer's desired choices. Use your imagination and creativity and transform this ground-floor level one-bedroom, one-bath condo located in the resort-style Mission Lakes Country Club. This community has it all for entertainment all year round it features outstanding facilities including a gym, pool, restaurant, full bar, tennis courts, and cafe'. The HOA dues also include golf for two for the homeowners on the title at the beautiful 18 holes at Ted Robinson Golf Course, water, sewer, internet TV cable, and ground maintenance. The owner is required to spend $480.00 on food minimum annually at the fine dining clubhouse restaurant. Don't miss this wonderful opportunity!

1200 Club View Drive Unit 22ph Los Angeles, CA 90024

$39,050,000
4 Beds
6 Baths
7,975 SqFt
Status Active
MLS # 22163667
Property Type Condominium
Price Type --
Built by world-renowned developer Emaar, Beverly West is a designer collection of 35 elegantly grand custom residences with panoramas overlooking one of the most urban greenbelts in Southern California. Penthouse #22 expands 8,000 square feet over an entire floor offering unobstructed panoramic views of the Hollywood Hills, Bel-Air and Los Angeles Country Club. Penthouse #22has been custom designed and curated to offer a one of a kind, unparalleled residence offering on the Wilshire corridor.

1200 Club View Drive Unit Ph-1800 Los Angeles, CA 90024

$22,500,000
4 Beds
8 Baths
7,950 SqFt
Status Active
MLS # 22115193
Property Type Condominium
Price Type --
In one of the most exclusive buildings on the Wilshire corridor sits Penthouse 18 at the Beverly West. Spanning an entire floor with approximately 8,000 square feet of living space, 360 jet-liner views of the Hollywood Hills, Bel-Air, the Los Angeles Country Club, and as far as Downtown Los Angeles to the Pacific Ocean. Views like this simply do-not get much better. This truly beautiful unit features a private state-of-the-art chef's kitchen, entertainment bar with a stunning TV-Wall comprising of 4x65 televisions totaling 130 of viewing pleasure. Imagine a dinner with friends and family looking out at a beautiful sunset over the Pacific Ocean, or hosting cocktails overlooking Bel-Air and one of the most exclusive Country Clubs in the country. All four bedrooms are stunning, the finishes are easily a work of art with only the best materials and designs coming together to give comfort and luxury. The master bedroom features a grand and lavish bathroom with the tub framed onto a beautiful view, jewel box steam shower, and powder. Attached to the master bedroom is your own private gym, or space customizable to anything desired. The boutique-style Beverly West offers exclusivity, privacy, security, and ultimate luxury.

1 W Century Drive Unit 38a Los Angeles, CA 90067

$19,900,000
2 Beds
4.5 Baths
5,254 SqFt
Status Active
MLS # 21760964
Property Type Condominium
Price Type --
The Cavalli Penthouse set within the 38th floor of the coveted Century building is a bold design statement by the Jumbo Collection. With sprawling south facing views overlooking the Pacific Ocean, this newly-renovated penthouse showcases custom finishes and furnishings from Cavalli and Ferre included in the purchase. Step off the elevator into your own private lobby with onyx and Sapele Mahogany Parquet flooring and cross into the great room featuring an onyx bar, oversized gas fireplace within a marble wall from Spain, hidden built-in shelving, and a massive outdoor terrace with fire pit. The interior also boasts a flexible layout with a Gianfranco Ferre designed kitchen, two large bedrooms with luxurious baths en suite, massive walk-in custom closets, a private sauna, two additional private terraces, and a separate office with library. The Century features extensive gardens designed by Landscape architect Pamela Burton, concierge, gated security, a pool and jacuzzi with private cabanas, fitness studio, movie theater, business center, and valet parking.

8899 Beverly Boulevard Unit 8b West Hollywood, CA 90048

$17,500,000
2 Beds
3.5 Baths
4,246 SqFt
Status Active
MLS # 22145455
Property Type Condominium
Price Type --
8899 Beverly is world-renown architects Olson Kundig's Love Letter to Los Angeles. Residence 8B is one of four junior penthouses and encompasses the entire eastern wing of the Tower. The flagship floorplan boasts triple-view exposure with both living room and primary suite opening completely to the outdoors, butler's pantry and extensive closet space. The AD 100 architect's Leed Gold-certified masterpiece culminates in the finest new development to hit the Los Angeles skyline. The Tower Residences feature expansive views across the Los Angeles horizon and encompass LA's most iconic landmarks. The sliding walls of the extraordinary, Swiss-made, Vitrocsa glass system bring the outdoors into each residence. The finest, hand-selected, materials include travertine throughout the residences and common areas, Sub-Zero, Miele and Gaggenau appliances, Calacatta Gold marble, bronze residence entry surrounds and custom door handles of bronze and hand-stitched leather. Ceiling heights soar up to 11 feet, including the custom recessed and cove lighting. Building amenities include 24-hour lobby staff, concierge, fitness center outfitted by Techno Gym and private studio space. 8899 has an extreme focus on privacy, safety and exclusivity for its residents. Experience over a quarter-acre of outdoor space, lushly landscaped by Coen + Partners with resort-style pool, oversized spa, garden seating with fireplaces and custom outdoor kitchen and dining. Enjoy short walks to premier dining and shopping, including The Ivy, Craig's, Bristol Farms, Chanel and more. Experience the exclusivity and luxury of Olson Kundig in this ultra-prime, walkable, Los Angeles location. 8899 Beverly is a feat never to be accomplished again. Please note that not all photographs represent the listed residence.

10601 Wilshire Boulevard Unit 19e Los Angeles, CA 90024

$16,750,000
5 Beds
7 Baths
7,000 SqFt
Status Active
MLS # 22146853
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!

8420 W Sunset Boulevard Unit 608 West Hollywood, CA 90069

$16,000,000 - 3Br/4Ba -  for Sale in West Hollywood
Open House
$16,000,000
3 Beds
3.5 Baths
4,656 SqFt
Status Active
MLS # 22134099
Property Type Condominium
Price Type --
Pendry Residences West Hollywood by Montage Hotels & Resorts introduces TERRACE ESTATE 608. Reside in elevated luxury with over 5,700 SF of living over two levels, a private jacuzzi, spectacular city views, and legendary service by Montage. Featuring a private 1,700 SF FIVE- CAR SUPER GARAGE with PRIVATE ELEVATOR, this one-of-a-kind penthouse mirrors a single- family home and is unmatched in today's market.The main level features a massive great room with floor-to-ceiling glass that frames jaw- dropping views and allows warm sunlight to flow into the home. The unparalleled interior living space integrates seamlessly with a large southern terrace that features a private hot tub perfect for relaxing and taking in a spectacular LA sunset. For the gourmet, the custom designed chef's kitchen features an extra-large Calacatta Borghini marble island, premium Subzero and Wolf appliances, and custom cabinetry. Rift-sawn white oak floors, fine stonework, and exquisite brass detailing complete the elevated palette.The Residence offers three grand bedrooms, a study, and a private office or den with a balcony. The dramatic primary suite has a private terrace, Poliform custom dressing room, and Martin Brudnizki-designed spa-like bathroom. Additional features include elevator access to both floors, a generous utility room, and ample storage.All owners at Pendry Residences West Hollywood by Montage Hotels & Resorts enjoy personalized service by Montage and unparalleled residential amenities. In addition, owners enjoy privileged access to the Pendry West Hollywood hotel and Britely Social Club, where Wolfgang Puck's brightest new restaurant concepts meet a live music venue, bowling alley, five- star spa, and fitness center, and much more.

9040 W Sunset Boulevard Unit 1203 West Hollywood, CA 90069

$13,950,000
3 Beds
3.5 Baths
3,880 SqFt
Status Active
MLS # 22138745
Property Type Condominium
Price Type --
Welcome to #1203 at The Edition. By far the coolest and hippest of the condos in a hotel. 1203 was chosen because it has the best view in the building. Facing South with enormous unobstructed views from downtown all the way West to the Pacific. Finished with the highest degree of quality, taste and sophistication. Wide planked white oak floors, high ceilings, beautiful custom cabinetry, and elegant and tasteful wallpapers enhance the customization. The kitchen was specifically designed to close off from the living room if desired. Includes separate dining area. Electronic sliding doors opening to 912 sq. ft of outdoor terraces that stretch the entire width of the unit. Lutron system controls lighting throughout. The third bedroom has been made into a den but easily converted to the 3rd bed and bath. Primary bedroom is oversized with sitting room, bath with steam shower and large walk in closet. In unit washer/dryer. Building amenities include luxe gym, ground floor restaurant and lobby bar, rooftop dining with insane views, common pool and separate owners only pool. Separate owners entrance and 24 hour concierge. This is the prime spot in the best building in the best location. Tenant occupied presently and showings will be only on M/W/F between 9-11 am and 3-5 pm with 48 hour notice to pre-qualified potential buyers.

10580 Wilshire Boulevard Unit 26sw Los Angeles, CA 90024

$11,999,999
4 Beds
5.5 Baths
5,742 SqFt
Status Active
MLS # 22127491
Property Type Condominium
Price Type --
An extremely rare opportunity to purchase the most sought-after unit on the Wilshire Corridor. The prestigious Presidential Penthouse at The Wilshire offers unprecedented quality & luxury. There has been less than (26) sales at or above the 22nd Floor in the 30 year history of this Wilshire Corridor masterpiece. This two story Penthouse attracts thrilling natural light and explosive views that extend as far as the eye can see, the property faces the highly desired Southwest with clear views to Downtown LA, Santa Monica, & all the way to Catalina Island. With exciting attention to detail & no expense spared, the penthouse offers high ceilings & clean, warm finishes. With 5,732 S/F, this (4) bedroom (6) bath penthouse offers a dramatic two story living room with grand staircase, media room, gourmet kitchen with full outdoor terrace, beautiful master suite with luxurious bath and closets The Wilshire offers secure controlled-access Elevator opens directly into your Private Foyer. High coffered Living Room Ceilings, Hand Made Wooden Paneling, Gourmet Kitchen, Bar with Wine Fridge. Luxurious bedroom suites - primary bedroom w/Sitting Room perfect for a Home Office, large walk-in closet. Balconies offer incredible wrap-around views of Bel Air & Century City. Security, Valet parking, doorman, and front-desk for guest/visitor registration; day-time on-site building manager, well-appointed Banquet/Meeting Rooms, Fitness Center, Pool, and Extra Storage, including separate 36-bottle Wine Lockers. Just blocks from the ever-green Comstock Park, LA Country Club, Hammer Museum, Geffen Playhouse, UCLA medical center, dining & shopping. East coast sophistication meets a modernized west coast luxury lifestyle. No furniture or art is included in the purchase price (neither staged nor owned by seller).

9040 Sunset Boulevard Unit 1101 West Hollywood, CA 90069

$11,900,000
3 Beds
3.5 Baths
3,432 SqFt
Status Active
MLS # 21782376
Property Type Condominium
Price Type --
The West Hollywood Edition is one of the most coveted architecturally significant full-service buildings to be completed in the last decade on the West Coast. Designed by John Pawson, this rarely available 01 stack is one of the most coveted locations in the building and has views of the City, the Hollywood Hills, Beverly Hills, and beyond. Customized by the current owner, this unit has grand rooms that flow seamlessly, rarely seen in a full-service building. The generously spaced outdoor area runs the length of the unit, with the lights of Los Angeles in the distance. Exquisite finishes and detail with unmatched quality are found throughout this timeless unit. World-class amenities are endless in this full-service building. Also available to purchase with #1102.

9 Shreve Drive Laguna Beach, CA 92651

$11,500,000
3 Beds
3 Baths
2,960 SqFt
Status Active
MLS # LG22120967
Property Type Condominium
Price Type --
One of only 14 beautiful and custom villa residences available, resting on 30 acres of the most beautiful ocean front property in Laguna Beach, life at the Montage Residences brings the comforts of home and the most prestigious resort accommodations together for the ultimate luxury lifestyle in Laguna Beach. Enjoy serenity and coastal beauty at its absolute finest. The main living area features a spacious open floor plan with a fireplace and gourmet kitchen that includes a large island opening to a expansive terrace with endless views of the ocean and Catalina Island. This beautiful villa has panoramic ocean views and includes a large deck that is perfect for entertaining guests, dining, and relaxation. The spacious ocean view master suite has a fireplace and spa bathroom with dual sinks, separate larger air jet bath tub, separate steam shower and large walk in closet. The second bedroom has an en-suite bathroom and walk in closet. The third spacious bedroom is warm and welcoming and has custom built-in closet and drawers. This is a smart home with custom designed surround sound and security. The new owners have the option to become a member and experience the 5 star resort’s full suite of amenities. Just steps from the world-class Montage resort with amenities like full concierge services, The Spa Montage, two oceanfront pools, and a fitness center. The Montage also has 3 award-winning restaurants; The Studio, The Loft and The Mosaic Grill. Enjoy White Glove Room Service, and housekeeping if you wish, just as if you are a hotel guest. If you are looking for an amazing luxury lifestyle in Laguna Beach, you found it!

1500 Orange Avenue Unit 1104 (cottage 8) Coronado, CA 92118

$11,200,000
3 Beds
3 Baths
2,017 SqFt
Status Active
MLS # 220007824SD
Property Type Condominium
Price Type --
Rare opportunity to own a Single-Level Ocean-Front Cottage at Beach Village at The Del. The ultimate vacation home in Coronado's only private beachfront enclave. This spacious 3BR/3BA unit in the Hotel Del Coronado's own Beach Village features luxurious amenities, unrivaled service and an exclusive address. Two master suites, plus an additional bedroom with 2 queens, vaulted ceilings, gourmet kitchen appointed with high-end appliances, multiple fireplaces, and 5 fixture resort-style baths. Watch the waves as you sit on your private oceanfront patio and by night, cuddle around your own fire pit while gentle waves lull you to sleep. Relax & enjoy. There's little reason to stray from the comfort of your oceanfront haven. Includes use of all amenities & facilities at the Hotel Del. Full Ownership, Limited Use. Complex Features: ,,,,,,,,,,, Equipment: Fire Sprinklers, Range/Oven Sewer: Sewer Connected Topography: LL Frontage: Ocean/Sand