The motive for Correa's killing is not known, authorities said.
The murder charge includes the special circumstance allegation of an intentional shooting from a motor vehicle. Prosecutors will decide later whether to seek the death penalty against Gasparyan.
He is also charged with 11 counts of attempted murder, six counts of second-degree robbery, five counts of shooting at an unoccupied vehicle, two counts each of carjacking and assault with a firearm and one count each of attempted robbery, fleeing a pursuing peace officer's motor vehicle while driving recklessly, hit-and-run driving resulting in injury to another person, assault with a deadly weapon and possession of a firearm by a felon.
Gasparyan, who was brought to court in a wheelchair, was shot by Los Angeles police.
Gasparyan - who remains jailed without bail -- is due back at the downtown Los Angeles courthouse for arraignment Feb. 15.