The victim was walking in the 6400 block of Nightingale Street around 9:30 p.m. when he was hit by a vehicle traveling westbound.
The driver of the vehicle failed to yield following the collision and was last seen fleeing into a nearby residential area.
The victim was rushed to Ventura County Medical Center where he is recovering.
The investigation is ongoing. Anyone with information was urged to contact the Ventura Police Department at (805) 339-4366.