Update 2:30 PT/5:30 ET:
Suspect barricaded in a house.
Negotiations between police and perp in progress.
Students evaculated from general area.
Perp described as: 40ish year old Hispanic male.
News crews are not showing exact residence on camera.
Reporter:
Possible gunfire. Police getting ready to breech.
FoxNews 11 showed good view.
http://www.myfoxla.com/story/25730303/skyfox-lapd-high-speed-vehicle-pursuit
Reporter:
Perp has come outside, laying in yard, giving himself up. Canine’s guarding.
Situation is coming to end.
KTLA.Com streaming video shows perp laying face-down in grass.