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.

1200 Club View Drive Unit Ph19 Los Angeles, CA 90024

$23,000,000
3 Beds
6 Baths
7,950 SqFt
Status Active
MLS # 20618912
Property Type Condominium
Price Type --
Penthouse 19 at Beverly West is a full-floor with approximately 8,000 square feet of living space offering unobstructed panoramic views from Bel-Air to the Hollywood Hills and downtown Los Angeles to the Pacific Ocean. The ultimate in privacy and security, this residence is one of only 35 units in the most exclusive residential tower in Los Angeles. Designed to create a completely bespoke environment, this residence was built by world-renowned developer Emaar Properties, and designed by award-winning interior designer Lisa Garriss, combining iconic brands with exceptional craftsmanship resulting in the finest vertical offering available anywhere.

10601 Wilshire Boulevard Unit 19e Los Angeles, CA 90024

$19,750,000
5 Beds
7 Baths
7,000 SqFt
Status Active
MLS # 20647842
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!

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.

1755 Ocean Unit 903 Santa Monica, CA 90401

$15,900,000 - 3Br/4Ba -  for Sale in Santa Monica
Open House
$15,900,000
3 Beds
3.5 Baths
3,150 SqFt
Status Active
MLS # 20647780
Property Type Condominium
Price Type --
The crown jewel of Santa Monica, 9C is a penthouse atop of The Seychelle, this property was built in 2014 making it the newest property on Ocean Ave. in 20 plus years! This unit was masterfully custom-designed. 3 Bedrooms, 4 baths, With 3150 square feet of interiors, patios off the living area and additional patio off the master. this remarkable residence in the sky affords you uninterrupted views of The Coastline from the south bay to Malibu. Access to The Seychelle premier standard of service is the 24 hour concierge lobby, and has you an elevator ride away from you luxurious new home! Walk to all Santa Monica's premier restaurants and entertainment attractions. The sleek, flush design is ideal for showcasing artwork and creates a dynamic visual experience throughout. 2 en-suite guest bedroom. A private residential roof lounge with heated rooftop pool terrace, all residents private 3rd floor fitness center, with state of the art equipment. side by side parking, pet spa!

1 W Century Drive Unit Ph36b Los Angeles, CA 90067

$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.

9040 W Sunset Boulevard Unit 1203 West Hollywood, CA 90069

$14,850,000 - 3Br/4Ba -  for Sale in West Hollywood
New
$14,850,000
3 Beds
3.5 Baths
3,858 SqFt
Status Active
MLS # 20650208
Property Type Condominium
Price Type --
The ultimate in luxury, location, and lifestyle. 1203 has the prime exposure in The Edition with views beyond downtown to the ocean and an incredible floor plan totaling 3,858 sq ft of indoor space plus 912 sq ft of outdoor balcony space. This condominium has highly customized upgrades of the highest quality and taste including: built-in cabinetry and closets, 11.5 wide planked white oak floors, electronic balcony doors opening full width, living and master with recessed lighting, Lutron system, master with sitting area, steam shower in master bath, separate kitchen (not in the living room) with dedicated breakfast room, elegant plastered and papered walls, large screen TVs. All this plus the amazing amenities of The Edition such as gym, owners' pool plus rooftop hotel pool and bar, restaurant, room service, private owners' entrance with owner only elevators, 24-hour concierge and doorman, etc... Look at all others then look at 1203 for the best.

1 Century Drive Unit 6ab Los Angeles, CA 90067

$12,750,000 - 6Br/8Ba -  for Sale in Los Angeles
New
$12,750,000
6 Beds
8 Baths
8,100 SqFt
Status Active
MLS # 20649816
Property Type Condominium
Price Type --
One of a kind combined side by side A and B unit with six bedrooms, eight baths, two private entrances. This elegant and sophisticated unit is located in the very desirable and prestigious highrise building in Century City. Half floor unit is graciously situated on the 6th floor, approx 8,100 sqft of living space. The family room is flooded with natural light, gourmet kitchen with walls of glass opening to a wonderful breakfast area. The large scale formal seating area and dining are perfect for entertaining. All bedrooms are en suite. One of the master suites has a balcony, great sunlight, walking closet, gorgeous bath with dual sinks. This unit exudes class and elegance with a home feeling in a highrise.

900 W Olympic Boulevard Unit 51a Los Angeles, CA 90015

$12,000,000
3 Beds
4 Baths
6,590 SqFt
Status Active
MLS # 20623806
Property Type Condominium
Price Type --
The crown jewel of Downtown Los Angeles, 51A is a duplex penthouse atop The Ritz-Carlton Residences at L.A. Live and was masterfully custom-designed by Moore Ruble Yudell. With 6,590 square feet of fully-furnished interiors, this remarkable residence in the sky affords you uninterrupted jetliner views of downtown and the Los Angeles skyline, access to The Ritz-Carlton's gold standard of service and has you an elevator ride away from citys premier sports and entertainment attractions. The sleek, flush design is ideal for showcasing artwork and creates a dynamic visual experience throughout. A second level en-suite guest bedroom is joined by a master wing featuring a lounge room, spa-like bath, full bar and closets reminiscent of a high-end boutique. In addition to a world-class restaurant, residential sky lobby and private heated rooftop pool terrace, all residents can seek out the nearby STAPLES Center, Microsoft Theatre, L.A. LIVE and The GRAMMY Museum.

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.

425 N Maple Drive Unit 602 Beverly Hills, CA 90210

$9,995,000
6 Beds
8 Baths
5,385 SqFt
Status Active
MLS # 20629628
Property Type Condominium
Price Type --
Magnificent Penthouse in Beverly Hills' most prestigious full-service building, Le Faubourg. This regal penthouse offers a fabulous open floor plan and walls of French doors throughout overlooking spectacular city views. Known for its high level of privacy and security, Le Faubourg has been home to many high-profile residents & amenities include concierge, 24-hour security, valet, gym, and a private pool/spa. The unit includes a grand foyer w/ a dramatic pyramid-shaped skylight. Majestic corridors lead to the formal living rm w/ fireplace and bar, elegant formal dining rm, library, and spacious kitchen w/ breakfast rm. The spacious master suite is its own private retreat w/ sitting rm, dressing rm, and opulent marble bath. 5 add'l bdrms. A spiral staircase leads to the rooftop w/ space to create a private oasis overlooking shimmering city vistas. A truly exceptional penthouse offering the ultimate in luxury & elegance in this most coveted Beverly Hills location. Can be sold furnished.