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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10800 Wilshire Boulevard Unit 1503 Los Angeles, CA 90024

$5,325,000
3 Beds
3.5 Baths
3,280 SqFt
Status Active
MLS # 21780632
Property Type Condominium
Price Type --
Elegantly remodeled premier ocean-view 3-bedroom on the 15th floor at the full-service Californian, a rare combination of Art Deco with a modernist glass curtain wall that thereby affords panoramic vistas -- on the clearest days to Catalina -- that many Manhattan tower-dwellers can only dream of. Just floor-to-ceiling glass (when the sleek modernist blinds are raised) separates the combined living-dining room from a vast panorama of Los Angeles. Inside, a recently completed interior renovation designed by Judith Lance has brought the condo up to triple-mint, move-in condition. An entirely new kitchen now opens fully to the view, with a solid wall of quartzite above the Wolf range complementing the island and breakfast bar. Well-separated sleeping quarters are accessed from the entry hall off the private elevator lobby. The versatile second bedroom is currently furnished as a media room. Here, a door separates the voluminous primary sleeping suite with double walk-in closets from all else. The en suite third bedroom accessed from the kitchen could serve as staff quarters or a home office. Security, concierge and valet; 2-car parking; a well-equipped fitness center, the heated pool with cabanas, a putting green and reservable entertainment rooms are a partial list of the many amenities at this first-class, impeccably maintained high-rise.

9255 Doheny Road Unit 1901 West Hollywood, CA 90069

$5,295,000
2 Beds
3 Baths
2,317 SqFt
Status Active
MLS # 21789114
Property Type Condominium
Price Type --
One of the most immaculate units in the Sierra Towers, this two bedroom, three bathroom was renovated with the finest finishes. This rare corner unit offers sweeping views of the city, hills, and ocean with a spacious and private terrace. Double doors lead you to a breathtaking open floor plan living and dining area. The beautifully updated kitchen offers state of the art appliances. A wet bar and wine cellar complete the living area. A grand hallway leads you to the master suite and additional en suite bedroom. The full service building offers 24 hour security, valet, pool, and fitness center.

8420 W Sunset Boulevard Unit 503 West Hollywood, CA 90069

$5,250,000
2 Beds
2.5 Baths
2,709 SqFt
Status Active
MLS # 21779134
Property Type Condominium
Price Type --
Welcome home to Pendry Residence 503. A private elevator landing steps into this spacious 2-bedroom, 2.5 bathroom open concept floor plan with a generously sized great room. The east-facing terrace overlooks a lush garden and unobstructed views of the DTLA skyline and the iconic Sunset Tower. The gourmet kitchen features a 15' marble counter, Wolf and SubZero appliances, and wine storage. The primary bedroom features a dual side walk-in Poliform closet. The spa-inspired primary bath features a deep-soaking bathtub and walk-in shower in hand-selected Italian marble, with polished nickel fixtures by Waterworks. The laundry/utility room has Whirlpool Washer/Dryer, sink, and custom cabinets offering additional storage. Second and third bedrooms have en-suite full baths. Pendry Residences West Hollywood by Montage Hotels & Resorts is a limited collection of 40 luxury Residences offering effortless resort-style living. As an extension of Pendry West Hollywood Hotel, owners have access to an unmatched array of lifestyle amenities, including several unique dining concepts by Wolfgang Puck, Spa Pendry, The Britely Social Club, a rooftop pool and bar, and more. In addition, residents also enjoy private owner-only amenities including an exclusive entry and lobby, 24/7 valet service, rooftop pool, fitness center, garden deck, boardroom, residents lounge, wine tasting room, and in-residence dining by Wolfgang Puck.

1500 Orange Ave Unit 17 Coronado, CA 92118

$5,200,000
3 Beds
3 Baths
1,679 SqFt
Status Active
MLS # 210028589
Property Type Condominium
Price Type --
Imagine owning part of the Hotel Del Coronado! This exquisite vacation home has a 5 yr. average gross revenue of $485K. Beach Village is a luxury condominium with all the amenities The Del has to offer. This 3 BR/3 BA fully furnished turnkey loft offers 2 master suites, cozy fireplaces, living room, dining area, & full kitchen. Watch the waves & soak up the Southern CA sunshine from your private decks or relax by the pool and spa. A Coronado Vacation home, adjacent to The Del with a proven revenue stream! 1031 Exchange Option. Whole Ownership, Limited Use. Complex Features: ,,,,,,,,,, Equipment: Fire Sprinklers, Range/Oven Sewer: Sewer Connected Topography: LL Frontage: Ocean/Sand

2604 5th Ave Unit 904 San Diego, CA 92103

$5,195,000
2 Beds
2.5 Baths
3,995 SqFt
Status Active
MLS # 210029939
Property Type Condominium
Price Type --
A sweeping expanse of stunning harbor vistas awaits you; welcome to 41West’s marquee penthouse, The Icon! Whether you are taking in the soaring views towards distant jetliners or enjoying magnificent ships as they grace the harbor, the moments are undeniably magical. Western sunsets and the ultimate SoCal lifestyle flourish with almost 4000 square feet of luxury. Enjoy expansive terraces, walls of glass, and a spectacular kitchen with grand extended island—this penthouse is befitting its pedigree as the Crème de la Crème. The primary suite is a home unto itself, featuring a warm lounge space, 3 wardrobes, wet-bar with versatile fitness area, private outdoor terrace, and a brilliant bath complete with heated floors and a dry sauna! Luxury wrapped in casual elegance without peer, The Icon! Introducing the new look of luxury in San Diego’s prized Bankers Hill neighborhood. This penthouse collection of residences at 41 West exemplifies the passionate life that is Southern California, with a nod to the easy living feel that is uniquely San Diego. Careful consideration was given to create a product grand in scale, yet smartly crafted for today’s active lifestyle. Each facet of the building has been carefully vetted to provide its residents an ideal urban lifestyle. The developer’s vision and center of inspiration was all about maximizing the indoor to outdoor transitional living experience. Welcome to the NanaWalls. These State-of-the-Art telescoping walls of glass, provide a seamless experience with minimal frames, sleek clean lines and providing expansive unobstructed views whether opened or closed. Furthermore, this penthouse is a portrait of sublime fixtures and finishes that accentuate the harmonious palette of space and light. Whether you like Miele or Italian Armony Cucine in your kitchen, to Kohler and Toto in the baths, the list of features will seem endless. 41 West is not just an address but truly the coveted lifestyle that defines luxury living in San Diego. Complex Features: ,,,,,, Equipment: Dryer, Washer Sewer: Sewer Connected Topography: LL

17322 Tramonto Drive Unit 308 Pacific Palisades, CA 90272

$5,110,000
5 Beds
5.5 Baths
5,017 SqFt
Status Active
MLS # 21756970
Property Type Condominium
Price Type --
One Coast presents a unique offering of oceanfront residences in the Pacific Palisades. Homes that live like a single-family residence, with the privacy and convenience of a lock-and-leave lifestyle. Residence 308 is an expansive 5-bedroom, 5.5-bath, two-level corner townhome with a family room and the finest finishes such as Waterworks bath fixtures and soaking tubs, Subzero/Wolf appliances, hardwood flooring, and Caesarstone countertops. Designed to maximize indoor-outdoor living with three separate patios and boasting a stunning rooftop deck ready for entertaining. Drive through the 24-hour guard-gated entry down a private drive into your private 2-car garage. Take the elevator up to your exclusive vestibule and enter your sanctuary at the coast. This is the place where you can live close to the city but escape to your home. Call to schedule your appointment to tour Residence 308 along with our other furnished model residences.

74 Spanish Bay Pebble Beach, CA 93953

$5,100,000
3 Beds
3.5 Baths
3,467 SqFt
Status Active
MLS # ML81865151
Property Type Condominium
Price Type --
A RARE and highly coveted luxurious ocean view condo at Spanish Bay in Pebble Beach. This beautiful unit has recently been transformed with a major remodel that was just completed. Showcasing beautiful architectural finishes and transitional design elements sure to impress the most discerning buyers. Brand new state of the art kitchen, hardwood flooring and carpets, elevator, paint finishes, built-ins, office, lighting, landscaping and so much more! Enjoy a sophisticated lifestyle with immediate access to the Spanish Bay amenities (golf, tennis, fine dining, shops, trails, and the beach.) Lovely transition of indoor to outdoor living, with the Pacific Ocean as your backdrop, scenic balconies and serene patios to relax and unwind after a busy day. A perfect primary residence or second home for those who desire quality of life.

17318 Tramonto Drive Unit 604 Pacific Palisades, CA 90272

$5,090,000
5 Beds
5.5 Baths
4,630 SqFt
Status Active
MLS # 21780430
Property Type Condominium
Price Type --
One Coast presents a unique offering of oceanfront residences on the bluffs above PCH & Sunset Blvd. in the Pacific Palisades. Luxury condominium homes that live like a single-family residence, with the privacy and convenience of a lock-and-leave lifestyle. Residence 604 is a 5-bedroom, 5.5 bath, ocean view home offering 4,630 sf of indoor-outdoor coastal living. Outfitted with Waterworks bath fixtures and soaking tubs, Subzero/Wolf appliances, hardwood flooring, and Caesarstone countertops. En suite baths throughout. The Owner's Suite bath is a retreat unto itself, with separate walk-in shower, soaking tub, make-up vanity, double-sinks, and oversized custom walk-in closet. Drive through the 24-hour guard-gated entry down a private drive and into a private 2-car garage. This is where you can live close to the city but escape to your home. New construction, concrete and steel structures make One Coast a highly desirable buy for those looking for a hillside home by the ocean. Please call for an appointment.

4 Sidra Cove Newport Coast, CA 92657

$4,995,000
3 Beds
3.5 Baths
3,457 SqFt
Status Active
MLS # OC21134505
Property Type Condominium
Price Type --
Every imaginable detail has been carefully attended to in the complete remodel of arguably the finest Seascape Villa in Crystal Cove. Feng Shui design artfully infuses calming energy, and a location walking distance to the beach, creates a strong connection to nature. Wood floors bring stunning style to 3,457 +/- s.f. of flowing spaces that span 3 floors and include 3 beds & 3.5 baths. Massive windows look out on peaceful ocean views in the living room, with a rustic beam set in vaulted ceilings, and a subtly delineated sitting area providing multiple places to gather. A family room links seamlessly with an arched breakfast nook & flawless kitchen, where deeply hued wood emphasizes a quartz-topped island with wine refrigerator. A herringboned stone backsplash shines, and functional upgrades are found in the Euro pot filler, & Thermador appliances that include a 6-burner range w/griddle. On the lower level, the primary suite is a quiet haven, with dual walk-in closets, and an ensuite that epitomizes luxury, featuring: a shower with Asian honed marble walls, rain shower head & chromotherapy lights, quartz counters, & a deep soaking tub. Two spacious bedrooms are on the upper level, one with views of blue ocean waters and a half-moon nook, and another with a balcony that opens to salt air breezes. Pristine ensuites offer intricate tile work, quartz surfaces, floating vanities & statement lighting. The private Crystal Cove community is guard-gated with exclusive Canyon Club access and is nearby to world-class shopping & dining and direct community access to Crystal Cove Beach and State Park.

1929 Columbia St - Ph Unit 601 San Diego, CA 92101

$4,995,000
3 Beds
4 Baths
3,479 SqFt
Status Active
MLS # 210024196
Property Type Condominium
Price Type --
Exuding the best in contemporary luxury living, the 2 story penthouse at 1929 Columbia offers striking views of the San Diego bay with over 6000 sq. ft. of indoor and outdoor living space and a smart factor for not only the coolest and hippest but the savviest and most discerning buyer. This private residence acts more like a boutique hotel with 17 income-producing units for those looking to make money on their money! The penthouse is a statement showpiece that matches the energy and vibrant of San Diego’s Little Italy. Life is meant to be enjoyed and for someone that wants it all, a prime location, cutting edge modern design, and cash flow, VIVO does just that and more! A world class asset located in, without a doubt, one of San Diego’s hottest neighborhoods. While surpassing every expectation for Southern California’s high-end real estate and truly a unique phenomenon anywhere in the globe, this penthouse is highly cultivated and detail rich, with sweeping view of the San Diego Bay and Pacific Ocean. Not only is it first in class, but also generates substantial income from the 17 apartment units to which it soars above. As the elevator opens to your private and sprawling living, dining and open concept kitchen, a feeling of awe comes over you. With 10’ tall sliding glass doors to the west and north that completely “pocket” open, you will find yourself immersed in a quintessential indoor-outdoor living space. The kitchen is well equipped with Miele appliances, column refrigerator, integrated dishwasher and trash, walk in pantry and wet bar to boot. In vogue with the ultra-luxury aesthetic, the first floor is completed by two identical en-suite bedrooms, an oversized laundry room, powder bath and A/V closet with its’ own trash chute. The home is automated top to bottom, from the whole house in wall speakers, to art displayed on plasma screens, motorized shades, Nest t-stats, Lutron lighting and more. The upper level is a massive mater retreat, dedicated to the entire floor, with free standing tub for 2+ and a shower enclosure larger than most downtown bedrooms. A colossal patio extends the master living space, cantilevered over the building and providing a sensation of bring the ocean and bay into the home. Double fire table, succulent gardens and planters in every direction and outdoor bar with multiple tv’s and a viewing deck are just some of this penthouse’s over the top features. Equipment: Dryer,Fire Sprinklers,Garage Door Opener, Washer Sewer: Sewer Connected Topography: LL

939 Coast Boulevard Unit 18 F & G La Jolla, CA 92037

$4,995,000
3 Beds
4 Baths
3,774 SqFt
Status Active
MLS # 210029073
Property Type Condominium
Price Type --
Super rare to find two spectacular view apartments combined with a seaside outdoor deck and in-unit laundry at La Jolla's oceanfront ultra-luxury high rise residence. Magnificent beach, whitewater surf, coastline and North Shore panoramic views are celebrated throughout with interiors renovated in timeless classic architectural design to be personalized with ease. 24 Hr Concierge and valet services join fitness, pool and spa, sauna, clubhouse, and guest apartment offerings for complete comfort. Sewer: Sewer Connected Topography: LL

9040 Sunset Boulevard Unit 1102 West Hollywood, CA 90069

$4,900,000
2 Beds
2.5 Baths
1,775 SqFt
Status Active
MLS # 21782394
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 high floor 02 unit has tranquil views of the Hollywood hills. As one of the best values in the building, this is an opportunity to be in one of the most beautiful full-service buildings on the market. A glass-encased indoor-outdoor patio is perfect for entertaining. Exquisite finishes and detail with unmatched quality are found throughout this timeless unit. World-class amenities are endless in this full-service building featuring an exclusive nightclub, gourmet dining, 24/7 staff, security, valet, and room service, as well as a private gym, screening room, rooftop pool and spa. Also available to purchase with #1101.