Side-by-side, with sources
Los Angeles condo decision guides
Each guide starts with a direct answer, compares the two options in a table, and explains when each is the better choice. Legal and lending rules are cited to the statute or agency that sets them, with the date we checked. Market figures are read live from our active listings, with their as-of date.
By Nick McCandless · Editorial policy
Condo vs. Single-family home
Condo vs. single-family home
An LA condo shares the cost and control of the building with other owners: the homeowners association maintains and insures the common areas, funds them through regular and special assessments, and must follow California's Davis-Stirling Act on reserves, budgets and assessment limits.
Read the guideNew construction vs. Resale
New construction vs. resale condo
A new LA condo bought from the developer comes with a state-issued public report and California's construction-defect standards, which allow claims against the builder for up to 10 years after substantial completion.
Read the guideA building with a pending or recent special assessment vs. A building whose major work is finished and funded
Special assessments & HOA risk
Special assessments in LA condos usually follow a repair that reserves cannot cover, often one surfaced by the three-year reserve study or the nine-year balcony and walkway inspection.
Read the guideRenting vs. Buying
Westwood vs. Century City: rent or buy
Whether renting or buying wins in Westwood or Century City comes down to how long you will stay, the specific building's costs and current rates.
Read the guide
Comparing specific towers instead? Use the building comparison tool.