Officers arrested Antonio Torres Alvarado and Ruben Sanchez Junior at a home on Fairhaven near Memory early Sunday morning.
Police responded after receiving calls of shots fired in the area.
Several rounds struck a shed at a neighbor's house, but no one was hurt.
During the investigation, officers also found cocaine, marijuana, Xanax pills, two assault rifles, two handguns, one shotgun, ammunition and more than one-thousand dollars at the home.
Both suspects were booked on numerous charges.