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  • Zestimate®
    $1,032,200

    45049 Challenge Cmn #402, Fremont, CA 94538

    3beds
    1,504sqft
    Apartment
    Built in ----
    -- sqft lot
    $1,032,200 Zestimate®
    $686/sqft
    $4,434 Estimated rent

    Home value

    $1,032,200

    $970,000 - $1.09M

    $4,434/mo

    Zestimate® history
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    What's special

    Fully equipped fitness centerElegant clubhouseQuartz countertopsStainless steel appliancesAmple storageIn-unit washer and dryer

    45049 Challenge Common #402, Fremont, CA Welcome to this bright, spacious, and beautifully upgraded 3-bedroom, 2-bath corner condominium located on the fourth floor in Fremont's highly sought-after Warm Springs Innovation District. With abundant natural light, modern finishes, and an open-concept layout, this home offers the perfect blend of comfort, style, and convenience. The expansive great room flows seamlessly into a chef-inspired kitchen featuring a large center island, quartz countertops, stainless steel appliances, and ample storage perfect for entertaining, family gatherings, or working from home. The private primary suite provides a relaxing retreat with a spacious walk-in closet, while two additional bedrooms offer flexibility for children, guests, or a dedicated home office. Home Features- -3 Bedrooms | 2 Bathrooms -Fourth-floor corner unit with abundant natural light -Secure building entry with elevator access -Open-concept living and dining area -Modern kitchen with oversized island and premium finishes -Spacious primary suite with installed wardrobes in the walk-in closet -In-unit washer and dryer -Attached two-car garage with EV-ready outlet -Solar panels to help reduce electricity costs -Window blinds installed throughout the home -Central heating and air conditioning Resort-Style Community Amenities -Heated swimming pool with cabanas -Fully equipped fitness center -Elegant clubhouse -BBQ and outdoor entertaining areas -Community parks and green spaces -Bocce ball and basketball courts Exceptional Location -Just one block from Lila Bringhurst Elementary School -Minutes to Warm Springs/South Fremont BART Station -Easy access to Highways 680 and 880 -Close to shopping, dining, grocery stores, and everyday conveniences -Convenient commute to major Silicon Valley employers including Tesla, Meta, Apple, Google, Nvidia, and other leading tech companies -Located within the highly rated Fremont Unified School District This move-in-ready home offers modern luxury, outstanding amenities, excellent schools, and unbeatable commuter access all in one of Fremont's newest and most desirable communities. # Proposed Lease Terms 45049 Challenge Common #402, Fremont, CA ## Monthly Rent * **Rent $4,400 per month * Rent due on the **1st of each month** * Late fee applies after any legally required grace period, as permitted by California law. ## Lease Term * **12-month lease preferred** * Longer lease terms (18 24 months) may be considered. * No short-term rentals or subleasing without written approval. ## Security Deposit * **One month's rent ($4,400)** due at lease signing. ## Occupancy * Maximum occupancy in accordance with California law and HOA requirements. * Only individuals listed on the lease may reside in the property. ## Utilities Tenant is responsible for: * Electricity * Gas * Internet/Cable * Water/Sewer * Trash Owner is responsible for: * HOA dues * Solar system ownership and maintenance ## Smoking * **No smoking or vaping** inside the home, on the balcony, in the garage, or anywhere prohibited by the HOA, including marijuana and e-cigarettes. ## Parking * Detached two-car garage included. * Additional parking must comply with HOA regulations. ## Maintenance Tenant agrees to: * Keep the property clean and in good condition. * Replace HVAC filters as recommended. * Promptly report maintenance issues. * Be responsible for damage beyond normal wear and tear. Owner will maintain: * Major building systems * HOA-covered exterior maintenance * Appliances due to normal mechanical failure ## HOA Rules Tenant must comply with all Theory at Innovation and Master HOA CC&Rs, Rules & Regulations, and community policies. Any HOA fines or violations caused by the tenant or their guests are the tenant's responsibility and may constitute a lease violation. ## Community Amenities Tenant may use community amenities, including: * Pool * Fitness center * Clubhouse * BBQ areas * Parks * Bocce court * Basketball court Use is subject to HOA rules and availability. ## Renter's Insurance Tenant must maintain renter's insurance throughout the lease with a minimum of 100,000 personal liability coverage** and provide proof before move-in. ## Applicant Qualifications Applicants should generally meet the following: * Background and credit check required * No prior evictions or outstanding landlord collections ## Move-In Requirements Before move-in, tenant must: * Pay first month's rent and security deposit. * Provide proof of renter's insurance. * Complete HOA registration requirements. * Receive and acknowledge the HOA CC&Rs and Rules & Regulations. ## Prohibited Uses * No short-term rentals (Airbnb, VRBO, etc.). * No illegal activity. * No commercial business operations from the property. * No unauthorized alterations without written owner approval. ## Move-Out Property must be returned in substantially the same condition as received, reasonable wear and tear excepted. Security deposit deductions will be handled in accordance with California law.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Forced Air
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, Freezer, Microwave Oven, Oven, Refrigerator
    • Laundry: In Unit
    Features
    • Walk In Closet
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,504 sqft

    Property

    Parking
    • Parking features: Detached, Garage
    • Has garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    Details
    • Additional structures: Garage(s)
    • Parcel number: 5191754162

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Deposit fee: $4,400
    Location
    • Region: Fremont

    Financial & listing details

    • Price per square foot: $686/sqft
    • Tax assessed value: $1,093,019
    • Date on market: 8/4/2026
    • Date available: 08/31/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    8/11/2026Listing removed$4,400$3/sqft
    Source: Zillow Rentals Report a problem
    8/5/2026Listed for rent$4,400$3/sqft
    Source: Zillow Rentals Report a problem
    5/5/2021Sold$990,000$658/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,093,019 +2%
    2025$14,392 +5.6%$1,071,595 +2%
    2024$13,631 +2.5%$1,050,588 +2%
    2023$13,298 -0.8%$1,029,996 +2%
    2022$13,403 +10.3%$1,009,800 +15.2%
    2021$12,148 +153.5%$876,445 +232.3%
    2020$4,792 +0.8%$263,715 +2%
    2019$4,755 $258,544
    Find assessor info on the county website

    Neighborhood: East Industrial

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,032,200

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    Estimated market value

    $1,032,200