3420 Orinda Street, Palo Alto, CA 94306

$3,110,000
2
BD
2
BA
1,200
SqFt

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Sold Price
$3,110,000
List Price
$2,799,999
Closing Date
Jun 05, 2026
Status
CLOSED
MLS#
ML82042949
Year Built
1938
Bedrooms
2
Bathrooms
2
Living Sq. Ft
1,200
Lot Size
6,600
Acres
0.15
Days on Market
6
Property Type
Single Family Residential
Property Sub Type
Single Family Residence

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.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Roof
Composition
Sewer
Public Sewer
Water
Public
School District
Palo Alto Unified
Elementary School
Other
Middle School
Other
High School
Henry M. Gunn
Attached Structure
Detached

Listing courtesy of Listing Agent: Dominic Gluhaich (domdglu@gmail.com) from Listing Office: Intero Real Estate Services.

Listing sold by Emmy Kwong from Emma L. Kwong, Broker

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.