3420 Orinda Street

• Sun May 3, 1:00 pm - 4:00 pm

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.

Days on Market

4 days

Current Status

Active

Original Price

$2,799,999

List Price

$2,799,999

On Market Date

Apr 29, 2026

Property Type

Single Family Home

Area

235 - Ventura

Zip Code

94306

MLS ID

ML82042949

APN

132-39-043

Year Built

1938

Stories in Building

1

Possession

Unavailable

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

2

Bath

2

Parking

3

Assigned Spaces, Off-Street Parking, On Street

SQ FT

1,200

SQ FT Source

Unavailable

Lot SQ FT

6,600.0

Lot Acres

0.151515 Acres

Cooling

Other

Dining Room

Dining Area

Disclosures

Natural Hazard Disclosure

Family Room

Kitchen / Family Room Combo

Foundation

Sealed Crawlspace

Heating

Wall Furnace

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.