After cleaning replace the parts.
Compressor drain valve leaking.
Product links below in order of appearance.
Which i ve never seen done on any compressor tank.
Remove the regulator body from the manifold with a wrench.
How to fix it.
You can try to clean out the old one.
Clean the regulator 4.
They usually use a high strength thread locker on the drain valves so it may just be very very hard to remove.
The valve on the outside of the pressure switch may look something like the one in the image.
Http amzn to 2ir0elq pittsburgh forge 12 piece screw extractor.
By the way c clip ring shown in the picture prevents the screw from being removed from the drain valve assembly.
1 unplug the compressor 2 drain all the air from the tank 3 remove the lines connected to the tank check valve 4 remove the tank check valve inspect clean re install the same one or install a new one 5 reassemble and test the compressor operation.
Clean the regulator body air piston spring and cap with wd40.
To fix the air leak caused by a faulty drain valve there are three choices.
I would recommend replacing the valve and using some thread locker when you install the new one.
Makita mac700 air compressor.
Turn off and unplug the air compressor.
If the check valve is now.