3420 Orinda Street, Palo Alto, CA 94306

• 2 beds |
• 2 baths |
• 1,200 sqft

Property Description

Welcome to 3420 Orinda Street and 381 Fernando Ave, a rare opportunity featuring two separate homes situated on a gorgeous 6600 SF corner lot in the heart of Palo Alto. This exceptional property offers something you almost never find in one of the Bay Area's most competitive markets: 2 fully independent residences, each with its own utility meters and in-unit washer and dryer, ready for immediate occupancy. Live in one home and rent out the other. The rental income can be used to help you qualify for a larger loan, making this one of the most accessible and financially strategic ways to break into the Palo Alto market. For buyers who have been watching from the sidelines, this is the kind of opportunity that changes the math entirely, your tenant helps carry the mortgage while you build equity in one of the most appreciating real estate markets in the country. Whether you're a first-time buyer searching for a Starter Home with built-in income, a growing family that wants flexibility for extended relatives, or a seasoned investor looking to add a Palo Alto asset to your portfolio, this property checks every box. This is more than just a place to live, it's a smart financial foothold in a city where demand for rental housing remains consistently strong and inventory stays tight.

Listing Status:

Active

Date Added:

April 29, 2026

Data Last Updated:

April 30, 2026 at 2:18PM

Listing Office:

Intero Real Estate Services : (408) 574-5000

Listing Agent:

Dominic Gluhaich : 408-710-4538

MLS ID:

ML82042949

Interior

• A/C:
• Heating: Wall Furnace

Exterior

• Parking: Off StreetParking spaces: 3

Construction

• Roofing: Composition
• General: 1

Location

• Originating MLS: CRMLS_MLSL
• School District: Palo Alto Unified
• County: Santa Clara

Lot

• Zoning: R113239043

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_MLSL