home

The difference between small lot subdivision, townhome, and condo in LA

The difference between small lot subdivision, townhome, and condo in LA is something I am often asked about. Below are some of the differences.

First, with condominiums and townhouses, the dwellings on a small lot subdivision do not share any common walls. Small lot homes are for smaller areas with compact building footprints ,reduced side yards and setbacks. They have street frontage and passage between buildings with open space.

Second, unlike condominiums and townhouses, the dwellings on a small lot subdivision do not share any common walls. Additionally, the owner of a home in the subdivision owns his or her individual home and also owns the land under that home. Furthermore,the owner of a home in the subdivision is not part of a homeowner’s association. Therefore, the owner makes all decisions with respect to his or her property. Sometimes there is a low monthly maintenance fee.

The difference between small lot subdivision, townhome, and condo in LA

rooftop patio small lot subdivision home Westwood

The difference between small lot subdivision, townhome, and condo in LA

The difference between small lot subdivision, townhome, and condo in LA

Third, with condominiums and townhomes, the owners of condominiums and townhomes own their individual units. They do not own the land under the units. They often share common walls. Also, they are usually part of a HOA.  Typically, the owner of a condo owns only the interiors of the condo. Conversely, the owner of a townhome owns the land as well as the interiors plus any yard or deck. Additionally, condos may be on any floor of a structure.

Fourth, a townhouse is a architectural/physical/design description, and condo is a legal description that defines the common ownership of the land, buildings, and common areas. Almost all townhomes are condos. Also, townhomes have no other unit above or below them. In a townhouse, the owner is usually responsible for both the interior and exterior because everything on the land it’s built on is owned by the individual. A condo insurance policy is an HO-6, while townhome insurance is an HO-3.

In conclusion, as you can see there are differences when buying each type of property in California. Contact Caron Schwartz for all your real estate needs. http://www.caronschwartz.com  310-383-0831

https://planning.lacity.org/policyinitiatives/Housing/SmallLot/SmallLotPolicy_DesignGuide.pdf

https://www.investopedia.com/articles/real-estate/082516/condo-vs-townhouse-vs-house-which-right-you.asp

https://medium.com/teamglasses/the-new-community-tic-lifestyle-in-los-angeles-50fdfdc2ab8a

 

 

 

Wilshire Corridor luxury condominium for sale

Wilshire Corridor luxury condominium for sale at 10727 Wilshire #1402 has 3 bedrooms and a den with over 3400 square feet and outstanding views of Bel Air.

First of all, the Remington is one of Los Angeles luxury condominiums. The full service amenities in the building include pool, fitness room, library, community room, gardens, wine storage, valet parking, concierge etc.  The services offered and very attentive staff make this a top luxury high rise to live in.

Wilshire Corridor luxury condominium

Secondly, this unit is one of the best large floor plans with 3 bedrooms, 4.5 baths and a large family/media room with approx. 3277 sq ft. There are 10 ft. ceilings and two large balconies. The family room has a large balcony with views of the hills of Bel Air and Westwood . The exceptional views can be seen from floor to ceiling windows surrounding the unit. Direct elevator access entry into unit provides top security.

Thirdly, you enter the foyer of this condo into the large living room, and formal dining room. Wander to the kitchen with granite, stainless and sub zero appliances.  There is a large laundry room. The 3rd bedroom is currently used as an office. The 2nd bedroom also overlooks stunning floor to ceiling views. There is a large master bedroom with dual walk-in closets and bathrooms .

In conclusion, this is a fantastic opportunity to create your home within this large grand floor plan. When it comes to choosing a Wilshire Corridor luxury condominium for sale, this full service building is close to Beverly Hills, Bel Air, Westwood, UCLA, freeway access and Century City. Contact Caron Schwartz for all your real estate needs at 310-383-0831 http://www.caronschwartz.com

http://www.thewilshirecorridorcondos.com   http://www.theluxurycondoblog.com 

 

Wilshire Corridor Condominium Sales November 2016

Wilshire Corridor Condominium Sales November 2016 include 19 sales . There were several 1 bedroom condominiums sold . A contemporary 1 bedroom with 538 sq feet sold on a high floor in the Wilshire Regent at 10501 Wilshire for $530,000.00. This building has utilities included in HOA fees running approximately $600.00+. Low for the Wilshire Corridor  . Several units sold in the Wilshire Comstock . A one bedroom condominium sold for $686,500.00 with 1200+ sq feet and was updated.  Other sales were in The Dorchester, The Blair House, The Wilshire etc.
A two bedroom at 10590 Wilshire located on the 10th floor in The Westholme , updated and over 2200 sq feet sold for $1,288,000.00. A2 bedroom with den and over 2400 sq feet sold for $2,200,000.00 in the Wilshire House.

Wilshire Corridor Condominium sales

Wilshire Corridor Condominium sales November 2016

Sold furnished 3 bedroom 10776 Wilshire mid floor $4,000,000 3407 sq ft

Sold furnished 3 bedroom 10776 Wilshire mid floor $4,000,000 3407 sq ft

Wilshire Corridor Condominium Sales November 2016 include three bedroom condominiums, always in high demand, sold in various buildings.

Several condos in The Carlyle at 10776 Wilshire sold with 3 bedrooms. The higher the floor the higher the sales price. This month in the Carlyle condominiums, a three bedroom with 5 bathrooms and 5013 square feet sold for $7,750,000.00 . In the Carlyle, a 3 bedroom ,5 bath unit with 3407 sq feet sold for $4,000,000.00 furnished. It included a maids unit with the sale.

Wilshire Corridor Condominium Sales November 2016 included a sale in 10380 Wilshire, La Tour . This 3 bedroom sold for $2,487,000.00 with South facing views on the 3d floor and over 3000 sq ft. In The Churchill, the lowest price 3 bedroom with a 3rd bedroom converted to a den,  sold for $850,000.00 on a mid floor. It needed updating and had over 1700 sq feet.  in the same building  unit 9J,  originally a 3 bedroom unit ,sold for $925,000 with over 2000 sq ft . With remodeling this will be a lovely unit and great value on the Wilshire Corridor. In 10520 Wilshire, the Dorchester, a 3 bedroom sold for $999,000 with over 2000 sq ft. In the Wilshire Terrace which is the only co-op on the Wilshire Corridor a 4500 sq ft apartment sold for $3.2 million. The Wilshire Terrace has unique large outdoor terraces for entertaining.

 Close access to all that Westwood, Beverly Hills UCLA,and Century City have to offer makes the Wilshire Corridor an excellent location to live in Los Angeles. These areas have some of Los Angeles best luxury high-rise condominiums. A carefree lifestyle in high-rise condominiums and apartments that have amenities like pool, gym, valet parking, security etc .allow you more time to enjoy all Los Angeles has to offer.  Contact Caron Schwartz at 310-383-0831 for expertise and handling all your real estate needs. Call 310-383-0831 .  https://www.caronschwartz.com

Wilshire Corridor Condominium Sales November 2016 10450 Wilshire Sold $995,000

Wilshire Corridor Condominium Sales November 2016. 10450 Wilshire Sold $995,000

Wilshire Corridor Comstock 1200+ sq ft $686,500

Wilshire Corridor Comstock 1200+ sq ft $686,500

Penthouse Wilshire Corridor at 10776 Wilshire

Penthouse Wilshire Corridor at 10776 Wilshire

The Westholme on the Wilshire Corridor with 2299 sq ft 2 bedroom

The Westholme on the Wilshire Corridor with 2299 sq ft 2 bedroom

Wilshire Corridor Condominium Sales November 2016 1 bedroom Sold

Wilshire Corridor Condominium Sales November 2016 1 bedroom Sold

Wilshire Terrace garden terrace

Wilshire Terrace garden terrace

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Wilshire Corridor Condominium Sales December 2016

  The Wilshire Corridor Condominium Sales December 2016 include 11 sales. This includes three one bedroom, five two bedroom, and three three bedroom condominiums sold . Approximately 157 Condominiums on the Wilshire Corridor were sold in 2016.

 I provide information about the buildings and sales to help you understand value. The Wilshire Corridor continues to be a favored destination for luxury condominiums that are close to Beverly Hills, Century City, Westwood Village, and UCLA

There were 3 one bedroom Wilshire Corridor condominium sales December 2016. They include the Wilshire Regent, The Wilshire Holmby, and the Churchill condominium. The Wilshire Regent one bedroom, one bath condo at 10501 Wilshire was on a mid floor with 784 sq feet ,wood floors, views and sold for $450,000.00 . The Churchill one bedroom ,one bath condo sold for $560,000.00 with beautiful wood floors, updated kitchen, mid floor views and 1080 sq feet. A one bedroom with two bathrooms located in The Wilshire Holmby  has 1036 sq ft  and sold for $535,000.00 .It needed some updating.

Five 2 bedroom condominiums sold on the Wilshire Corridor in December 2016. They included two in the Wilshire Regent, the Wilshire Regency, the Wilshire House, and  The Carlyle.

 Two different two bedroom condos sold in the Wilshire Regent . Both were on high floors with equal square footage of 1387 sq feet.  The condo on the 23 floor sold for $860,000 . It wasn’t remodeled . The other unit which was several floors lower sold for $1,010.000 . It had excellent upgrades. The sales price reflected it.

  In the Wilshire House a 2036 sq foot two bedroom with two and half bath condo sold on a low floor for $1,425,000.00 . It needed some remodeling work. A beautiful two bedroom with three bathrooms and den, 2735 square feet condo in The Carlyle sold for $3,200,000.00. Located on a high floor with views creates more value. There is a beautiful 2 bedroom condo in 10551 Wilshire, The Wilshire Regency. It is a 2 bedroom with den that has wood floors, and nicely remodeled kitchen and baths.Located on a mid floor it has amazing views.(see below)

There were several 3 bedroom condominiums that sold and they were all in the Westholme building. An interesting comparison. A two story 3 bedroom condo sold on the 3rd floor that had treetop views and designer interiors. It sold for $880,000.00 and is 2355 sq feet.   A two story condo sold in the building with 2038 sq feet, on a the eighth, for $985,000.00. This unit needed some work.  10590 Wilshire Blvd, The Westholme, has a third three bedroom unit with 2355 sq feet that sold for $1,290,000.00 on a high floor and had some updates.

Every month they vary in size, building, remodel,view, floor, amenities, etc. Working with me keeps you abreast of the differences in the buildings and what each unit has to offer. As an interior designer I see value easily with each condominium. The Westwood’s “Golden Mile” has many types of condominiums to choose. My website contains video’s about all the buildings on the Wilshire Corridor and in Century City. 90024 condominiums. Contact Caron Schwartz at 310-383-0831     https://www.caronschwartz.com

The Churchill 1 bedroom sold $560,000.00

Wilshire Corridor Condominium Sales December 2016; The Churchill 1 bedroom sold $560,000.00

10776 Wilshire Blvd ,The Carlyle,3 bedroom sold $3,200,000.00

10776 Wilshire Blvd ,The Carlyle,3 bedroom sold $3,200,000.00at

Wilshire Regent 2 bedroom condominium sold

Wilshire Regent 2 bedroom condominium sold

Westholme Condominium 3 bedroom and den sold

Westholme Condominium 3 bedroom and den sold

The Westholme 3 bedroom condominium sold

The Westholme 3 bedroom condominium sold

10551 Wilshire Blvd Condominium sold with 2500 sq. ft

10551 Wilshire Blvd Condominium sold with 2500 sq. ft

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Wilshire Corridor Sales June 2016

Wilshire Corridor Sales June 2016 include 15 condominiums sold. 2 bedroom condominiums sold average between $800,000 and $1,20,000 this month although in newer buildings you can find them selling for several million. Typical square foot prices for condominiums on the Wilshire Corridor vary this month between $482.00-$789.00 .  The majority of Wilshire Corridor Sales June 2016 are 2 bedroom condominiums that sold . The buildings vary in age, view, amenities, remodeling, upgrades, size and location within building. There is a shortage of 2 bedroom condominiums available in the $550,000-$700,000 range currently. UCLA students looking for condominiums to purchase in Westwood have a limited selection . The Wilshire Corridor and surrounding Westwood streets are the perfect location for students seeking UCLA housing due to close proximity to everything. Restaurants, grocery stores,shopping, public transportation, movies,etc are all very close by . Wilshire Corridor Sales June 2016 include one 1 bedroom condominium sold for $575,000.00. A three bedroom condominium was sold for $2,275,000.00 with over 3000 square feet in La Tour. The Blair House, Wilshire Regent, The Diplomat, Crown Towers, Ten Five Sixty, The Grand, Wilshire Holmby, The Churchill, The Remington, to name a few buildings that had sold condominiums on the Wilshire Corridor this month. For more information contact https://www.caronschwartz.com for all your real estate needs. Images themls.com

Wilshire Corridor Sales June 2016 2 bedroom

Wilshire Corridor SalesView from Wilshire Corridor

Wilshire Corridor Sales 2016

Wilshire Corridor Sales 2016

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Wilshire Corridor Sales May 2016

3430 square feet 10660 Wilshire 18th floor

3430 square feet 10660 Wilshire 18th floor

Wilshire Corridor Sales May 2016 Include 16 condominiums sold. There were many beautiful 1,2,and 3 bedroom condominiums sold at various price points. Depending on the number of amenities in the buildings, age of building, location of unit within the building, upgrades to the condominiums, and furniture and staging the prices can vary from building to building. If you were to tell me, Caron I’d like to find a 2 bedroom in the $700,000-900,000 range, I would know exactly which buildings to show you and the type of interiors we should be looking for. Due to their being over 40 buildings to buy a condominium on the Wilshire Corridor and another 10 that are just for leasing, you have many choices. Wilshire Corridor Sales May 2016 Include several fabulous 3 bedroom condominiums which are in high demand because people leave homes and want to find something with over 2000, or 3000 sq feet to move to and simplify their lives.There were many two bedrooms in the$ 700-900,000 range sold this month(see pictures) as well as those over $2 million. Perhaps one of the best buys was the 18th floor penthouse of 10660 Wilshire that sold just above 2 million. Although it is a 2 bedroom it does have a den.The floor plan is very open with 3430 square feet with tremendous views , walk in closets, large kitchen and high ceilings. There are so many fabulous condominiums to live in. Please refer to my website to learn more about each building along the Wilshire Corridor. The lowest price condo that sold this month was a 1 bedroom 873 sq ft condominium in 10433 Wilshire on a mid floor for $450,000.00 and the highest price this month was a 2 bedroom/5 bath 3535 sq ft condominium on a high floor for $5,200,000.00 in the Carlyle 10776 Wilshire Blvd. Contact me for all your real estate needs 310-383-0831  https://www.caronschwartz.com  

Park WIlshire 2 bedroom 3 bath sold

Park Wilshire 2 bedroom 3 bath sold

Wilshire Corridor 2 bedroom condominium sold in The Comstock

Wilshire Corridor 2 bedroom condominium sold in The Comstock

Wilshire Corridor Sales May 2016

Wilshire Corridor Sales May 2016

One Bedroom Wilshire Corridor furnished lease

One bedroom Wilshire Corridor furnished lease with beautiful views of Century City available. Everything has been updated. The kitchen has beautiful cabinetry with Cesar stone counters. The floors are a beautiful dark wood. Bathroom has new fixtures. Living on the Wilshire Corridor is a perfect central location in Los Angeles. You are close to Beverly Hills, Westwood and Century City. This one bedroom Wilshire Corridor furnished lease is in a security building with valet parking, concierge, business room, community room, pool, gym and has guest suites that can be reserved. Utilities are included in the $4300 furnished rent price.

For a carefree lifestyle that feels like you come home for a vacation, relax, go to the gym, have a jacuzzi and enjoy the view while relaxing watching your favorite show on your flat screen T.V. Living on the Wilshire Corridor is the Best.!!.Trader Joes, Whole Foods, Gealsons, movie theaters, libraries, restaurants, theaters, museums, parks, community centers, great schools and freeway access are all close by. contact https://www.caronschwartz.com

http://www.Wilshirecorridorblog.com

wilshire regent pool

wilshire regent pool

10501 Wilshire regent gym

10501 Wilshire regent gym

One Bedroom Wilshire Corridor furnished lease

One Bedroom Wilshire Corridor furnished lease

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Wilshire Corridor Sales February 2016

Wilshire Corridor Sales February 2016 include 9 sales of condominiums. Two condominiums with similar square footage over 2500 square feet, each having 4 bedrooms(a premium on the Wilshire Corridor)sold in the same building, the Wilshire, but with varying prices. A similar situation in the Churchill with two one bedroom units selling that had been updated but one had an extra bathroom selling in the $500,000 range and $630,000. A beautiful  $4,120,000 3 bedroom on an upper floor with just under 4000 square feet in the Blair house was sold as was a two bedroom in 10560 Wilshire for just over one million. A two bedroom on a high mid floor sold for just under a million in the Diplomat.  A two story , 2 bedroom condominium in the Wilshire Thayer including winding staircase sold for over 1 million with over 2000 sq ft.The Wilshire Corridor offers many price ranges to choose from. Sales in The Wilshire, The Blair House, The Churchill, The Wilshire Marquiz, Wilshire Thayer, The Diplomat, are many of Wilshire Corridor Sales February 2016. For more information contact https://www.caronschwartz.com for all your real estate needs.(Pictures MLS)

The Wilshire

The Wilshire

The Diplomat two bedroom

The Diplomat two bedroom

The Blair House

The Blair House

Wilshire Corridor Sweeping Views

Beautiful 2 bedroom condominium facing North on the Wilshire Corridor with sweeping views of Bel Air and Westwood.! The Wilshire Comstock completed beautiful renovation of lobby and hallways. Walk to Holmby Hills Park 1 block away.

Grand living area with views of the hills of Bel Air and walls of glass! 1400+ sq ft, if open floor plan with updated kitchen overlooking entire living space, Large master suite, and 2 bathrooms .The Wilshire Corridor serene views are something in high demand. The building offers 24 hr valet parking, doorman & controlled access, switchboard, on-site manager, banquet room, fitness center, swimming pool, spa and sauna! The great thing is it is  located minutes to Beverly Hills, Century City, UCLA and Westwood! Living on the Wilshire Corridor offers so much . No more home maintenance, the ease to come and go, amenities and comfort. Relax and enjoy all that your new home offers. Living in Westwood allows you to be in the center of all Los Angeles has to offer, yet the quiet of a neighborhood that is primarily residential and so close to so many great things to do. Warner Ave Elementary and Sinai Akiba Academy are so close. City Target, Whole Foods, Gelsons, Trader Joes, movie theaters, places of worship, museums, etc are close by. SOLD  Contact http://www.https://www.caronschwartz.com for all your real estate needs.

865 and 875 Comstock

865 and 875 Comstock

865 Comstock 16F

865 Comstock 16F

865 Comstock Sweeping Views

865 Comstock Sweeping Views

http://www.Wilshirecorridor.net

Wilshire Corridor sales January 2016

Inventories are lower on the Wilshire Corridor January 2016. The start to a New Year. But there are many buyers looking and as the month of January progressed buyers are out in large numbers looking to take advantage of low interest rates and preparing their financing to acquire property. .Wilshire Corrirdor sales January 2016 include 2 different condominiums sold in the 2000 square foot range, both needed updating, both were on lower floors but a distinct difference was homeowners dues. One building was in the $1,600.00 range monthly, and the other building was over $2,700.00 All amenities were not equivalent but one must consider the HOA dues when buying a condominium on the Wilshire Corridor and what they include. The Wilshire Terrace has seen many sales lately. The building offers wonderful large terraces and large floor plans with many amenities but the building is a Coop and as such offers are only taken in cash and must be board approved. In addition the HOA runs higher than some buildings but offers many unique services like a hair salon. Another 4 million dollar condominium in the Carlyle is part of Wilshire Corridor sales January 2016  .Wilshire Corridor sales in January 2016 were less than most months  but due mostly to  typically lower sales in January than other months. The year is sure to see active sales. There were several 2 bedroom Wilshire Corridor sales January 2016 in the 685,000-$850,000+ range in buildings like the Westford and Westholme Condominiums. A upper floor in the Remington Condominiums  with 2351 square feet was sold for over  $1,900,000+. Buying a condominium on the Wilshire Corridor requires knowing how to compare various buildings, square footage, amenities, views, floor plans, updates, etc. Contact me for all your real estate needs. https://www.caronschwartz.com   at 310-383-0831

Wilshire Corridor Sales January 2016

Wilshire Corridor Sales January 2016

Wilshire Terrace balcony

Wilshire Terrace balcony