Jorge Nolasco of Los Angeles was arrested for the murder of Guillermo Carmona-Perez Thursday.
Perez, 24, was found stabbed and unconscious near the intersection of Washington Boulevard and Pacific Avenue on Nov. 18. The area is near a popular stretch of restaurants.
Police initially thought the man was inebriated. When they flipped him on his back, police discovered the man was suffering from stab wounds. Officers attempted to administer CPR to no avail.
The victim was working two restaurant jobs to provide for his family. He is survived by his wife and their newborn infant.
The motive for the attack remains unknown. Nolasco is being held in lieu of $1 million bail.
The arrest brings relief to the beachside community that was on edge since the killing.
"There was a lot of tension in the neighborhood because we had somebody that perpetrated this type of crime, very bold. I think a lot of people were scared," said Venice resident David Boren.
Anyone with information on the incident was urged to contact LAPD West Bureau Homicide Detectives Dave Vinton or George Bowens at (213) 382-9470.