Koechner, 59, was taken into custody shortly after 3 p.m. Friday and was released from jail early morning New Year's Day, according to online jail records.
Simi Valley police said they responded to a 911 call of a driver who ran a stop sign in a residential neighborhood, hit a median and then fled the scene.
Koechner was pulled over and given a field sobriety test, according to police. The police department said his BAC was one-and-a-half times the legal limit.
He is scheduled to appear in Ventura County Superior Court March 30.
Koechner has also appeared in "The Goldbergs" and "Talladega Nights: The Ballad of Ricky Bobby."