The unidentified suspect was taken into custody at about 1 a.m. Saturday, according to the Los Angeles Police Department.
LAPD officers responded to a report of an armed robbery near the intersection of East 92nd Street and South Central Avenue at 9 p.m. Friday, officials said.
As the officers arrived at the scene, the suspect opened fire, striking both officers, the LAPD said.
Police evacuated a nearby laundromat in a strip mall and video showed customers running in several directions, some carrying their clothes.
The armed suspect fled into a nearby neighborhood and hid from officers.
Police established a perimeter, called a SWAT team and soon afterward officers found the suspect with a leg injury, hiding inside a vehicle blocks from the scene. It was not known how the suspect was injured.
The officers were released from the hospital Saturday morning after being treated for minor injuries. Another person -- possibly a victim in the robbery -- suffered an injury to the forehead.
Police said a second suspect remained at large. A description of that person was not available.