Suspect hospitalized after being shot by police in Van Nuys

Los Angeles police shot a suspect wanted for unknown reasons in Van Nuys on Tuesday. 

The incident occurred near the intersection of Victory Boulevard and Tyrone Avenue at about 3:40 p.m. According to the Los Angeles Police Department, officers ran into the suspect while he was riding a bicycle. When officers tried to detain the man, they discovered that the suspect possessed a firearm and shot him. 

The suspect ran away from officers, going down Tyrone Avenue towards Victory Boulevard which is when they shot him again. The suspect was taken to a nearby hospital and is in stable condition. 

It was not immediately clear why officers were in the area.

This is a developing story. Check back for details.