Officers were patrolling near Laurel Canyon Boulevard and Paxton Street when they saw the smoking car on Friday shortly before 6 p.m.
Video shows when the wheelchair-bound man was pulled to safety.
Seconds later, flames engulfed the vehicle.
The man's wheelchair was destroyed, but has been replaced thanks to an officer's donation.
LAPD posted a video of the rescue on Twitter with the caption mentioning that the officers said they were just doing their job.