It happened around 5:15 p.m. at a home in the 4500 block of Densmore Avenue.
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The Los Angeles Police Department tells ABC7 the shooting victim, described only as a man in his 80s, was in the kitchen when two or three suspects broke in through an open garage door.
The man and one of the suspects got into some sort of physical altercation, according to police. That's when shots were fired and the man was shot, according to police. He died at the scene.
The second victim, a man in his 60s, came home from the grocery store shortly after.
That's when the second victim, who is believed to be the victim's brother-in-law, was confronted by the suspects. They then pistol-whipped him before fleeing.
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LAPD says the suspects robbed the home before fleeing.
Police say the suspects were seen taking off in a white BMW SUV.
AIR7 HD footage showed the home's front window broken and shattered.
LAPD Det. Sharon Kim said investigators are looking at surveillance camera footage, and it's possible the suspects may have targeted other homes in the area.
Anyone with information is urged to contact police.