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Listed by Dominic Gluhaich • Intero Real Estate Services
$ 2,799,999
Est. payment | /mo
2 Beds
2 Baths
1,200 SqFt
$ 2,799,999
Est. payment | /mo
2 Beds
2 Baths
1,200 SqFt
Open House
Thu Apr 30, 5:00pm - 7:00pm
Fri May 01, 5:00pm - 7:00pm
Sat May 02, 1:00pm - 4:00pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $2,333
MLS Listing ID ML82042949
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1938
Lot Size 6,600 Sqft
Property Sub-Type Detached
Source Datashare MLSListings
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.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Exterior
Private Pool false
Building
Story 1
Schools
School District Palo Alto Unified, Palo Alto Unified
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Paul LeJoy
Broker-Owner | Lic# 01467744