The large-scale search focused on the area near Agnes Avenue and Sylvan Street. At one point, Laurel Canyon Boulevard was shut down in both directions as investigators continued their search.
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Police said the suspect ran through the neighborhood, jumped fences and confronted homeowners.
AIR7 HD captured the arrest shortly before 7 p.m.
SWAT officers found the man hiding out in a small building behind a home as a family was locked inside their residence.
Tear gas was used to force the suspect to surrender.
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Police say the man is wanted in connection with a murder in Los Angeles that happened last year, and that further details will be released in the coming days.