The incident occurred at about 1:45 a.m. on Brookhurst Street and Atlanta Avenue.
The victim, identified as 24-year-old Oriana Millan of Huntington Beach, was said to be crossing the street at the time of the crash. She had apparently just left nearby Out of Bounds bar with a group of three friends.
Officers said a male pedestrian, identified as 25-year-old Harlon Coffman of La Mirada, was also hurt in the incident. He was transported to an area hospital with non life-threatening injuries and was listed in stable condition.
Authorities said a beige Toyota sedan fatally hit the victim and took off. At approximately 4 a.m., officers located and arrested the suspected driver in Laguna Beach. The suspect, later identified by police as 32-year-old Jason Roberts of San Juan Capistrano, was charged with felony hit-and-run.
A stretch of Brookhurst Street at Atlanta Avenue was shut down for hours as officials investigated the scene of the crash.
The hit-and-run was captured by surveillance cameras from the bar. Bar owner Mark Larson did not want to release the video but described what it showed.
"It shows video of them walking out here and just going straight across the street. They didn't cross in the middle like some people do," Larson said. "It's unexplainable how it happened, other than the guy going way, way too fast and just bad judgment call."
Larson added that though it's difficult to judge the suspected driver's exact speed at the time of the crash, he estimates the car was going at least 65 mph, according to the surveillance footage. The speed limit along Brookhurst Street is 45 mph.
The bartender tried to help Millan, but it was too late. She was declared dead at the scene. Larson said surveillance video inside the bar showed the group having a few drinks and enjoying their time.
"People assume that you leave a bar, you're drunk. These people were not drunk, and it showed them having a really good time playing shuffle board and just having a couple of drinks," Larson said.
If you have any information regarding this incident, you're urged to contact Huntington Beach police at (714) 960-8800.