Townhouses in Sherman Oaks (See Below for All Listings)
The townhouse is different than a condominium or single-family house. The townhouse typically has a layout like a single-family home, usually two or three stories yet it has one shared wall and can be within a major building or within a townhouse community where one or two townhouses are connected. A lot of times a townhouse will provide the homeowner with a one or even a two-car garage.
There are several townhouse communities in Sherman Oaks California. The best way to find the right townhouse for you is your budget and your lifestyle. What is it that you’re looking for in a townhouse? Why does it differ from a condominium and, pros and cons of living in a townhouse?
A Townhouse or Condo?
A townhouse is an attached home typically owned by the resident. A condominium is similar to an apartment in that it’s an individual unit residing in a larger building or community of buildings. Attached condos are often referred to as a townhouse and it also depends on what part of the country you’re in. Villas, patio homes, cottage homes, condos, and townhouses can all be used interchangeably depending on where you are. However, for Sherman Oaks California, a townhouse is typically a 1 to 3 story property that has a shared wall with another unit.
A Townhouse May Be More Affordable
A townhouse is typically more affordable than a single-family home. You don’t necessarily own the land that the townhouse sits on, just the unit inside. Townhouses can range anywhere from about $400,000 to over $1 million in Sherman Oaks. Single-family homes of similar size will definitely start at least at $800,000-$1 million on up.
A Townhouse will Require Monthly HOA Dues
Similar to a condominium, a townhouse community will require monthly homeowner association dues. These dues cover common area maintenance and building maintenance as well as specific insurance. The association dues will also cover the maintenance on any amenities, however, most townhouse communities have more limited amenities than a condominium building such as swimming pools, club houses, golf course or tennis courts, etc.
Sherman Oaks CA Townhouses for Sale
Most townhouse communities don’t specifically go by a technical name. They’re just identified by the address. Unlike condominium buildings, which typically have an association name. However, condominiums and townhouses alike do have a managed Association either by a board of residents or a separate entity. However, you may find listings that should be listed as a townhouse when in fact, they are a condo and vice versa.
Some of the more popular townhome communities in Sherman Oaks include Chandler Park Village, Coldwater Garden Terrace, 4854 Coldwater Canyon, Landmark Villas, Dickens Townhomes, 5203 Lemona Ave., Capri Sherman Oaks, Koester Villas, Magnolia Terrace, NuParc Residences, Oak Pointe and Placita De Oro.
For more information on Sherman Oaks townhouses for sale, browse townhouses for sale in Sherman Oaks CA, or notify you immediately when new listings are set to hit the market.
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The following neighborhoods are located within Sherman Oaks CA:
