It happened just after 2 a.m. near the 21800 block of Dreacea Avenue.
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The Riverside County Sheriff's Department said when deputies arrived, they found two men lying in the street. They were both pronounced dead at the scene.
A few minutes later, investigators say another man, who they say was also involved in the incident, arrived at a local hospital with at least one gunshot wound. He remains hospitalized in stable condition.
No arrests have been made and details on a suspect or suspects was not immediately available.
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Deputies remained on the scene early Sunday morning.
Anyone with information is urged to contact the Riverside County Sheriff's Department.