STUDIO CITY ( — Authorities say a suspect has been taken into custody following a hit-and-run crash involving an elderly man in Studio City.

The Los Angeles Fire Department says firefighters received a call of the accident around 1:18 p.m. Friday.

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The crash occurred at Valley Spring Lane and Laurel Canyon Boulevard as the victim was exiting his vehicle.

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The victim, identified as a man in his 70s, was transported to an area hospital with serious injuries.

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Police said the man, although in critical condition, is expected to survive.