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.
Location
Financial Information
List Price:$ 2799999
Property Features
Elementary School:Other
High School:Henry M. Gunn
High School District:Palo Alto Unified
Middle Or Junior School:Other
Roof:Composition
Water Source:Public
Elementary School:Other
High School:Henry M. Gunn
High School District:Palo Alto Unified
Middle Or Junior School:Other
MLS Area Major:699 - Not Defined
City:Palo Alto
Scan this QR code to see this listing online.
Direct link:
http://www.searchproperties.sdvalues.com/listings/direct/0ec86d78c860c07b3443d44d1fcac92e
Listed By:
Dominic Gluhaich
Intero Real Estate Services
CA Lic#
Based on information from CARETS as of Monday, May 11, 2026 1:41 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.