Officials said the suspects robbed the man on Saturday around 8:30 p.m. after traveling to the victim's residence in the 5800 block of Mustang Drive in Simi Valley.
The suspects were supposed to purchase an iPhone 5 from the victim.
However, upon meeting, the suspects allegedly punched the victim, took the iPhone, and fled the area in a tan or brown Toyota Camry with black paper plates and white lettering.
The suspects were described as two African American males in their early to mid 20s.
Anyone with information regarding the robbery was urged to contact the Simi Valley Police Department at (805) 583-6950.