The two men started fighting behind an apartment complex on Burke Road near Southmore Wednesday evening.
When police got there, they found a man in front of the apartment who had suffered multiple stab wounds. The victim, identified as Terry Lee Jones, 23, was transported to Bayshore Hospital where he died.
Pasadena police have identified the suspect as Eduardo Acosta, 20. Acosta has been charged with murder, but he remains on the loose. He is described as 5'5" tall, weighing 150 pounds, with a medium build.