The driver of the Gallant suffered non-life-threatening injuries, but another occupant was critically injured.
"The motorist of the Jaguar fled the scene without rendering aid or identifying himself -- as required by law," a South Traffic Bureau officer said. "The primary cause of the collision was that the driver of the Jaguar failed to operate his car on the right half of the roadway."
Maximo was arrested about 6 a.m. at his home in the 500 block of Hyde Park Boulevard, said Los Angeles Police Officer April Harding.
He was booked on suspicion of felony hit-and-run and was being held in lieu of $50,000 bail, she said.
Three other vehicles were also involved in the crash, but the occupants in those vehicles were uninjured.
No information was available on a passenger who had been in the Jaguar.
The crash occurred about a quarter-mile south of the Santa Monica (10) Freeway, between Adams and Jefferson boulevards.