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

$27,000,000
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

$19,750,000
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!

211 Elm Court Unit Ph40b Los Angeles, CA 90067

$19,500,000
4 Beds
5.5 Baths
4,849 SqFt
Status Active
MLS # 20604104
Property Type Condominium
Price Type --
The Century Plaza glass tower, designed by Pei Cobb Freed, provides unparalleled panoramic views with floor to ceiling glass and 11-foot ceilings. The exclusive 24- hour amenities include a guard gated entrance, pool, spa, fitness center, screening room, library, game room, wine storage, dining rooms, and concierge. Residence PH 40B is a four-bedroom, four-and-a-half-bathroom residence with den complete with a formal entry foyer that leads directly into the expansive great room featuring a gas fireplace and access to the 20' terrace, offering panoramic views. The master bedroom features a private terrace, dual walk-in closets, and two en-suite master bathrooms. Combining the ultimate in privacy and distinction, this residence features a private elevator lobby.

9040 W Sunset Boulevard Unit Ph B West Hollywood, CA 90069

$18,500,000
3 Beds
3.5 Baths
3,850 SqFt
Status Active
MLS # 20587052
Property Type Condominium
Price Type --
The West Hollywood Edition Penthouse B: the most convenient location in the entire city. Masterfully designed by world-renowned architect John Pawson w/organic finishes that resemble an exotic Balinese hotel; materials include teak woods, unfilled travertine & lush plants that blend architecture & landscape w/tranquil indoor/outdoor living. If you are looking for buildings like the Sierra Towers or the Century, there is no comparison. This full service building is complete w/24-hour security staff, room service, doorman & valet, gym & spa, fine dining & exclusive nightclub. A residence unlike any other offering approx. 3,850 sf of interior space & 1,000 sf of deck space. Explosive 360 panoramic views of the entire city from downtown Los Angeles & the Sunset Strip to the Pacific Ocean. This is by far the best penthouse in the entire city offering unrivaled sophistication. Complete w/private rooftop pool, lounge & helipad. Luxury in the sky, redefining the vertical living experience.

2604 Fifth 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.. Neighborhoods: Bankers Hill Equipment: Dryer,Fire Sprinklers, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL

1 W Century Drive Unit Ph36b Los Angeles, CA 90067

$14,950,000 - 3Br/5Ba -  for Sale in Los Angeles
New
$14,950,000
3 Beds
4.5 Baths
6,180 SqFt
Status Active
MLS # 20615032
Property Type Condominium
Price Type --
The very last unit available for sale by the developer. This Penthouse encompasses a half floor with private elevator lobby, downtown views and ocean views, master bedroom with two baths and terrace, two bedrooms with en-suite baths, great room with two terraces, library, and eat-in kitchen with terrace. The Century, a 42-story masterpiece, developed by Related Companies and 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. . Also the on-site restaurant, Hinoki & The Bird, offers in-home dining and catering for private parties in the Century gardens.

10580 Wilshire Boulevard Unit 26 Se Los Angeles, CA 90024

$11,950,000
3 Beds
6 Baths
4,597 SqFt
Status Active
MLS # 20600238
Property Type Condominium
Price Type --
The premiere unit in the most prestigious building on the Corridor. The fully-automated Presidential Penthouse at The Wilshire offers the unprecedented quality & luxury of a 2-year project designed as a forever home w/extreme attention to detail & no expense spared, w/high ceilings & clean, warm, modern finishes. 2-story art gallery & unobstructed views high above LA. Wine wall, living room opens to indoor/outdoor dining rooms lit by the city. Eat-in kitchen w/Sub Zero & Wolf appliances + guest-suite. Private elevator to Master w/auto blackout shades & walls of glass. Private gym, office, walk-in closets & spa-like baths. 5-star amenities; 24 hour concierge & valet, pool & fitness center, wine locker, storage & private meeting rooms, commercial catering kitchen & 4 parking spaces. Just blocks from the ever-green Comstock Park, Hammer Museum, Geffen Playhouse, UCLA medical center, dining & shopping. East coast sophistication meets a modernized west coast luxury lifestyle.

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 Boulevard Unit 1701 Los Angeles, CA 90024

$9,995,000
4 Beds
4.5 Baths
5,280 SqFt
Status Active
MLS # 20602674
Property Type Condominium
Price Type --
Rare & desirable double-unit in one of the most prestigious full-service buildings on the Wilshire Corridor, the Californian. Pristine & sophisticated condominium consisting of apx. 5,280 sq.ft. of living space with 4 bedrooms & 4.5 bathrooms & boasting stunning panoramic views throughout. Elevator opens directly into private foyer leading into the spacious and bright public rooms with flowing, open floor plan. Living room with built-ins, formal dining room with elegant built-in bar, family room, & spacious gourmet kitchen with center island, professional appliances, balcony, & adjoining breakfast room. The luxurious master suite is much like its own private residence complete with lounge/office space, balcony, oversized custom walk-in closet with island, & gorgeous master bathroom with separate tub & shower & dual vanities. 3 addl bedroom suites, powder room & laundry room complete this fabulous unit. Five-star building amenities include concierge, valet, fitness center, pool & spa.

10601 Wilshire Boulevard Unit Phw Los Angeles, CA 90024

$9,980,000
3 Beds
6 Baths
5,770 SqFt
Status Active
MLS # 20595680
Property Type Condominium
Price Type --
Penthouse in the sky! Unobstructed views! Centrally located elegant penthouse at the Wilshire House, LA's premier full service building on the westside; with amenities from 24-hr doorman, valet, concierge service, security, tennis court, spa, pool, gym. Private elevator opens into Tuscany inspired penthouse, with gold inlay ceilings leading into formal dining room, with 12 foot ceiling. Floor to ceiling windows and wrap around balconies, enjoy breathtaking city, mountain and ocean views. Sumptuous master suite with his/hers bathrooms, dual walk-in closets, sitting area, and 2 fireplaces. Ensuite bedroom with access to wrap around balcony. Private guest quarters with separate living room and ensuite bedroom, perfect for visitors. Chef's kitchen with high end appliances, bright breakfast area and large island. Sunlit media room/study with wood panel and built-in features. Staircase ascends to sky room with entertainment center and bar flows to private rooftop garden for alfresco dining.

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

$9,900,000
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.. Neighborhoods: La Jolla Village Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL

1200 Club View Drive Unit 1001 Los Angeles, CA 90024

$9,058,000
3 Beds
3.5 Baths
3,813 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.