California Condos Face New Ownership Costs

Across California, condos remain one of the more affordable paths into homeownership, especially for buyers seeking popular neighborhoods and fewer renovation demands.
That lower entry price can come with major ownership costs, including high HOA dues, parking fees, and emergency assessments that can reach thousands per unit.
In San Clemente, one condo community was facing a $26K per-unit assessment for roof replacement, underscoring how deferred repairs can suddenly hit owners.
Experts said these fees were becoming more common as California condo buildings aged, balcony inspection rules tightened, and insurance costs climbed amid wildfire risk.
Even with those risks, state leaders said condos remained a key part of California's housing stock and a practical first step for buyers.