Surveillance video shows a woman exchanging guitars on the wall of Imperial Vintage Guitars. Moments later she's running out the front door holding a Gibson and another guitar.
A clerk ran after her, but she was able to get away.
The owner of Imperial said the guitars are worth about $10,000 each.
Police said the suspect is 22-year-old Anna Reyes from San Pedro. She is now in custody.
As for the guitars -- both were recovered and returned to the store.