The crash happened late Friday night on the 3000 block of Berkeley Avenue, according to the Los Angeles Police Department.
The footage shows the 57-year-old victim, who investigators said is a homeless man who lives in the area, stop in the street when he sees oncoming headlights. He survived the crash and is expected to make a full recovery, but the car never slowed down.
"You know, somebody's driving and (they) land on the hood and windshield... obviously he knew he hit something and decided to keep going," said Detective Juan Campos.
Authorities said all the driver had to do was stop and call 911. Instead, the driver is now wanted for felony hit and run. They believe the suspect may also live in the area.
The suspect vehicle is described as a newer model red Mini Cooper with a white roof, which investigators say will likely have extensive damage to the front of the car and possible the windshield.
Residents of the area said drivers have to be extremely cautious when driving on the narrow and steep streets of Silver Lake.
"I notice it all the time because I'll come down this way and there will be pedestrians coming this way, and you have to go slow. Some people you see coming fast... because they're just trying to make their turn but there's not really good visibility," said David Rosen.
A $25,000 reward is being offered for information which leads to an arrest. Anyone with information about the suspect or vehicle are asked to call LAPD Central Traffic Detectives at (213) 833- 3713.