Los Angeles County Sheriff's Department deputies responded at about 4:05 p.m. to the area of East 66th Street and Holmes Street on three reports of an assault with a deadly weapon and found the suspect sitting in his vehicle near the liquor store, according to a news release.
The man got out of his vehicle, ran into the liquor store after deputies attempted to contact him and barricaded himself inside. Three people were inside the store at the time.
Several patrol cars were seen blocking off traffic around 5 p.m. in front of the store at 67th Street and Holmes Avenue.
Around 6:20 p.m., a SWAT team entered the store and rescued the hostages - a man, woman and young girl - from the situation. Each of the hostages were escorted out of the store by a SWAT team member.
A few minutes later, the suspect was taken into custody and no injuries were reported.
According to the L.A. County Sheriff's Department, the suspect was armed with a handgun. A BB gun was also recovered at the scene.
City News Service contributed to this report.