The shooting occurred at Tujunga Avenue and Kittridge Street near Fair Avenue Elementary School.
Witnesses reported hearing shots fired around 12:45 a.m., according to Sgt. Larry Poehls of the Los Angeles Police Department's North Hollywood Station.
Responding officers found a man, possibly in his 50s, laying on the street.
The victim was pronounced dead at the scene. His name has been withheld pending notification of kin.
So far, no suspects have been identified.
Anyone with information concerning this crime are directed to contact LAPD at 24-hour toll-free number (877) LAPD-247. Tips can be emailed to email@example.com. Anyone wishing to remain anonymous should call Crime Stoppers at (800) 222-TIPS. Tipsters may also contact Crime Stoppers by texting to phone number 274637 (C-R-I-M-E-S on most keypads) with a cellphone. All text messages should begin with the letters "LAPD." Tipsters may also go to lapdonline.org, and click on "Anonymous Web Tips."
CNS contributed to this report.