A Riverside County man is in custody after he allegedly fatally stabbed another man in a parking lot. 

According to a release from the Riverside County Sheriff’s Office, deputies were dispatched to the 31000 block of Riverside Drive at 9:32 p.m. Saturday in Lake Elsinore on calls of an assault with a deadly weapon. 

Arriving deputies located a man suffering from several stab wounds, RCSO said; he was transported to a hospital where he succumbed to his injuries. 

His identity is not being released pending notification of next-of-kin. 

“Deputies developed suspect information and a direction of travel in which he fled after the stabbing,” RCSO stated.  “The suspect was soon located fleeing into an apartment complex in the 16000 block of Joy Street.” 

Deputies later took the man – identified as 50-year-old Steven Smith of Lake Elsinore – into custody without further incident inside the apartment complex, authorities said. 

No additional suspects are believed to be outstanding, law enforcement officials added.

Smith was booked into the Cois Byrd Detention Center for murder.  Inmate records indicate that he was also charged with two misdemeanors: unlawful possession of paraphernalia and trespassing. 

His bail was set at $1 million. 

Smith is scheduled to appear at the Murrieta Southwest Justice Center for his first court appearance on Wednesday. 

Anyone with information surrounding the deadly stabbing is asked to contact Investigator D. Robinson with the RCSO’s Central Homicide Unit by calling 951-955-2777.

Information can also be submitted to Investigator Contreras at the Lake Elsinore Sheriff’s Station by calling 951-245-3300.