1 killed, 4 injured after gunfire breaks out near Panorama City swap meet

PANORAMA CITY, LOS ANGELES (KABC) -- At least one person was killed and four others were injured in a shooting Wednesday afternoon near a swap meet in Panorama City.

The shooting was reported near the Valley Indoor Swap Meet on Parthenia Street around 2:30 p.m.

Police initially responded to a report of a crash in the area. A white sedan was present at the scene. It was not immediately known how the crash and shooting were related.

One person was declared dead at the scene. At least three were brought to a local hospital and were believed to be in stable condition.

A large police presence gathered in the area and there were at least five ambulances at the scene.

The motive for the shooting and a description of a possible suspect were not immediately available. Police said they believe the suspect or suspects fled the scene in a newer BMW M3 series.

Police are talking with victims and reviewing security video from the swap meet.