Hopeton Parsley, 23, an alleged Playboy Gangster Crip, was arrested on Thursday by LAPD officers.
He is charged with being the shooter in the murder of 23-year-old Oscar Duncan on June 4, 2012.
Parsley was scheduled to be arraigned on Friday. Prosecutors will ask that his bail be set at $2 million.
According to prosecutors, Parsley was among a group of men who drove up to Duncan and his girlfriend, who were standing on the street in Venice.
Authorities say the assailants shouted a gang name before Parsley allegedly fired a single shot, hitting Duncan in the head.
Duncan, who was not a gang member, was involved in gang intervention in addition to being a youth minister.
Two other people — Kevin Dwayne Green, 29, aka Baby Skull, and Nichole Sheran, 18 — have been charged in the case.
All three suspects are charged with one count of murder with gun use and street gang allegations.
The complaint alleges that Parsley, who has prior convictions, personally discharged a handgun.
Green was charged in June with murder and a separate count of second degree robbery that allegedly occurred on May 21, along with one count of being a felon in possession of a firearm.
He is scheduled to appear in court on Feb. 20 for a preliminary hearing.
Sheran has pleaded not guilty to a single count of murder, and is also due back in court on Feb. 20.
If convicted, Parsley faces a minimum of 50 years to life in prison.