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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Dominic Gluhaich, DRE #02092371 • Intero Real Estate Services

$ 2,799,999

Est. payment | -/mo

2 Beds

2 Baths

1,200 SqFt

Save

$ 2,799,999

Est. payment | -/mo

Save

2 Beds

2 Baths

1,200 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $2,333

MLS Listing ID ML82042949

Bedrooms 2

Full Baths 2

Year Built 1938

Lot Size 6,600 Sqft

Property Sub-Type Single Family Home

Source MLSListings, Inc.

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

Area Ventura

Zoning R1

Rooms

Family Room Kitchen / Family Room Combo

Dining Room Dining Area

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features Assigned Spaces, Off-Street Parking, On Street

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Sealed Crawlspace

Sewer Sewer - Public

Water Public

Others

Tax ID 132-39-043

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

3420 Orinda ST Palo Alto, CA 94306