The Los Angeles Police Department said officers responded to a call that came in at 10:13 a.m. about a shooting near Venice and Hauser Boulevards.
One of the suspects, a 25-year-old man, took out his handgun and shot a male victims in his 40s.
"I heard, 'Give me the bag, give me the bag,'" said Maria Guerrero, the owner of Mary's Check Cashing. She said she and her security guard were ambushed by at least two men.
Guerrero managed to escape the store and ran to a neighboring business. While she didn't see much of what happened next, she said her security guard and one of the robbers shot each other.
"I heard seven, eight or nine shots," Max El Khoury, a business owner in the area, said.
Police confirmed the gunman and the victim were both shot and taken to a hospital.
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