Gunman on the loose after man shot dead near Santa Monica Pier

A man was shot and killed around 12:30 a.m. Monday in a parking lot located next to the Santa Monica Pier. Local police have launched a murder investigation following the incident. The gunman remains on the loose after the fatal shooting occurred. Authorities are currently working to identify the suspect and determine the motive behind the crime that took place in the parking area near the popular coastal landmark early Monday morning.