Single-family home
Listing Agent: Dominic Gluhaich (DRE #02092371) · Listing Office: Intero Real Estate Services · Contact: (408) 574-5000 · Bought with: Emmy Kwong · Emma L. Kwong, Broker · MLS #ML82042949 · Source: CRMLS
3420 Orinda Street sold for $3,110,000 in June 2026, 11% over its $2,799,999 list price, after 9 days on the market. That works out to $2,592 per square foot on 1,200 square feet. Across 56 closed sales in 94306 over the last 12 months, the median sold price is $3,050,000 and the median is $2,055 per square foot, 21% below this sale's $2,592.
| Quarter | Closed sales in 94306 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $1,239,000 |
| Q2 2026 | 27 | $3,000,000 |
| Q3 2026 | 18 | $3,392,500 |
| Q4 2026 | 4 | $3,050,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Palo Alto · Homes for sale in 94306
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.
Listing description from the June 2026 sale, as reported to CRMLS.
Closed sales reported in 94306, nearest first, last 12 months. All recent sales in Palo Alto →