Officers say they responded to a Shotspotter notification in the area of Calaveras and McKenzie around 12:30 pm.
About a half hour later, the two victims show up at Community Regional Medical Center with gunshot wounds.
A 20-year-old was grazed by a bullet and a 19-year-old was hit in the back. Both are expected to survive.
The victims say they were walking when they were shot at by three other boys or men.
A motive for this shooting is unknown at this time.