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.
Property Details
Price:
$2,799,999
MLS #:
ML82042949
Status:
Pending
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Apr 29, 2026
Finished Sq Ft:
1,200
Lot Size:
6,600 sqft / 0.15 acres (approx)
Year Built:
1938
See this Listing
Schools
School District:
Palo Alto Unified
Elementary School:
Other
Middle School:
Other
High School:
Henry M. Gunn
Interior
Bathrooms
2 Full Bathrooms
Heating
WL
Exterior
Common Walls
NCW
Parking Spots
3
Parking Total
3
Roof
CMP
Financial
Map
Community
- Address3420 Orinda ST Palo Alto CA
- CityPalo Alto
- CountySanta Clara
- Zip Code94306
Subdivisions in Palo Alto
Market Summary
Current real estate data for Single Family in Palo Alto as of May 31, 2026
66
Single Family Listed
43
Avg DOM
1,742
Avg $ / SqFt
$4,098,093
Avg List Price
Property Summary
- 3420 Orinda ST Palo Alto CA is a Single Family for sale in Palo Alto, CA, 94306. It is listed for $2,799,999 and features 2 beds, 2 baths, and has approximately 1,200 square feet of living space, and was originally constructed in 1938. The current price per square foot is $2,333. The average price per square foot for Single Family listings in Palo Alto is $1,742. The average listing price for Single Family in Palo Alto is $4,098,093.
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3420 Orinda ST
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