LA Times reports:
Police responded to a call about an altercation between two people at San Pedro and 5th streets about 11:30 a.m., said Officer Jack Richter. After police arrived, “an officer-involved shooting occurred,” he said. The identity of the person who was shot was not immediately released. No officers were injured during the incident and no other details were immediately available, Richter said.
You can clearly see the officer pointing his gun at the suspect around the 0:26 mark. Warning, the video is graphic.