Synod of Southern California and Hawaii and the Presbtery of Los Angeles sold a three-bedroom, three-bath home at 7337 Balboa Blvd., Unit 2, in Lake Balboa, to Stpeter Armenian Apostolic Church of the San Fernando Valley California for $1,875,000 on Oct. 31. The home has 1,157 square-feet of living space.

Seven similar homes in the area sold for between $265,000 and $305,000 during the past year.

According to BlockShopper, there have been 341 home sales in Lake Balboa during the past 12 months with a median sale price of $410,000.

Address: 7337 Balboa Boulevard, Unit: 2
Buyer(s): Stpeter Armenian Apostolic Church of the San Fernando Valley California
Seller(s): Synod of Southern California and Hawaii and The Presbtery of Los Angeles
Sale date: Oct. 31, 2014