The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
QUALCOMM INC COMMON STOCK 747525103 58,911 793,412 SH   SOLE None 0 0 793,412
CHEVRON CORP COMMON STOCK 166764100 22,537 180,429 SH   SOLE None 0 0 180,429
GENERAL ELEC CO COMMON STOCK 369604103 21,571 769,551 SH   SOLE None 0 0 769,551
EXXON MOBIL CORP COMMON STOCK 30231G102 20,283 200,425 SH   SOLE None 0 0 200,425
JOHNSON & JOHNSON COMMON STOCK 478160104 16,167 176,514 SH   SOLE None 0 0 176,514
INTERNATIONAL BUS MACH COMMON STOCK 459200101 15,143 80,734 SH   SOLE None 0 0 80,734
PFIZER INC COMMON STOCK 717081103 15,134 494,087 SH   SOLE None 0 0 494,087
FREEPORT-MCMORAN COPPER B COMMON STOCK 35671D857 14,283 378,465 SH   SOLE None 0 0 378,465
INTEL CORP COMMON STOCK 458140100 13,452 518,287 SH   SOLE None 0 0 518,287
BANK OF AMERICA CORP COMMON STOCK 060505104 12,728 817,468 SH   SOLE None 0 0 817,468
MERCK & CO INC COMMON STOCK 58933Y105 12,589 251,531 SH   SOLE None 0 0 251,531
J P MORGAN CHASE & CO INC COMMON STOCK 46625H100 11,897 203,443 SH   SOLE None 0 0 203,443
UNITED TECHNOLOGIES CP COMMON STOCK 913017109 11,390 100,091 SH   SOLE None 0 0 100,091
COLGATE-PALMOLIVE CO. COMMON STOCK 194162103 10,689 163,921 SH   SOLE None 0 0 163,921
KINDER MORGAN INC COMMON STOCK 49456B101 10,497 291,588 SH   SOLE None 0 0 291,588
HOME DEPOT INC COMMON STOCK 437076102 10,343 125,613 SH   SOLE None 0 0 125,613
EMERSON ELEC CO COM COMMON STOCK 291011104 9,342 133,117 SH   SOLE None 0 0 133,117
GILEAD SCIENCES INC. COMMON STOCK 375558103 9,280 123,574 SH   SOLE None 0 0 123,574
TRANSOCEAN INC COMMON STOCK 050546683 8,813 178,324 SH   SOLE None 0 0 178,324
ORACLE CORPORATION COMMON STOCK 68389X105 8,240 215,360 SH   SOLE None 0 0 215,360
APPLE COMPUTER INC COMMON STOCK 037833100 8,194 14,606 SH   SOLE None 0 0 14,606
PEPSICO INC COMMON STOCK 713448108 8,107 97,743 SH   SOLE None 0 0 97,743
E M C CORP MASS COMMON STOCK 268648102 8,043 319,805 SH   SOLE None 0 0 319,805
VALE SA COMMON STOCK 91912E105 7,818 512,666 SH   SOLE None 0 0 512,666
TEVA PHARMACEUTICAL ADR COMMON STOCK 881624209 7,742 193,157 SH   SOLE None 0 0 193,157
SIGMA ALDRICH COMMON STOCK 826552101 7,537 80,174 SH   SOLE None 0 0 80,174
BRISTOL MYERS SQUIBB COMMON STOCK 110122108 7,470 140,543 SH   SOLE None 0 0 140,543
PENTAIR INC COMMON STOCK 709631105 6,917 89,053 SH   SOLE None 0 0 89,053
CITIGROUP INC COMMON STOCK 172967424 6,723 129,007 SH   SOLE None 0 0 129,007
BP PLC-ADR COMMON STOCK 055622104 6,709 138,011 SH   SOLE None 0 0 138,011
NOVARTIS AG-ADR COMMON STOCK 66987V109 6,455 80,310 SH   SOLE None 0 0 80,310
SUPERIOR ENERGY SERVICES INC COMMON STOCK 868157108 6,435 241,830 SH   SOLE None 0 0 241,830
VISA INC COMMON STOCK 92826C839 6,315 28,361 SH   SOLE None 0 0 28,361
ITRON INC COMMON STOCK 465741106 6,298 152,010 SH   SOLE None 0 0 152,010
AT&T INC COMMON STOCK 00206R102 6,189 176,012 SH   SOLE None 0 0 176,012
SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515605 5,875 5,875,346 SH   SOLE None 0 0 5,875,346
WELLS FARGO COMPANY COMMON STOCK 949746101 5,822 128,237 SH   SOLE None 0 0 128,237
DUKE ENERGY CORP COMMON STOCK 26441C204 5,811 84,206 SH   SOLE None 0 0 84,206
MONSANTO CO COMMON STOCK 61166W101 5,543 47,558 SH   SOLE None 0 0 47,558
SOUTHERN CO COMMON STOCK 842587107 5,319 129,385 SH   SOLE None 0 0 129,385
PROCTER & GAMBLE CO COM COMMON STOCK 742718109 4,899 60,180 SH   SOLE None 0 0 60,180
AMERICAN ASSETS TRUST CLOSED END EQUITY FUNDS 024013104 4,888 155,528 SH   SOLE None 0 0 155,528
DISNEY (WALT) HOLDINGS COMMON STOCK 254687106 4,806 62,910 SH   SOLE None 0 0 62,910
MICROSOFT CORP COMMON STOCK 594918104 4,679 125,069 SH   SOLE None 0 0 125,069
CISCO SYS INC COMMON STOCK 17275R102 4,499 200,593 SH   SOLE None 0 0 200,593
XYLEM INC COMMON STOCK 98419M100 4,362 126,077 SH   SOLE None 0 0 126,077
PENN WEST ENERGY TRUST COMMON STOCK 707887105 4,196 501,930 SH   SOLE None 0 0 501,930
FLUOR CORP (NEW) COMMON STOCK 343412102 4,152 51,714 SH   SOLE None 0 0 51,714
EL PASO PIPELINE PTNRS LP COMMON STOCK 283702108 3,989 110,795 SH   SOLE None 0 0 110,795
CHINA MOBILE HD ADR F COMMON STOCK 16941M109 3,625 69,332 SH   SOLE None 0 0 69,332
WALGREEN CO COMMON STOCK 931422109 3,462 60,265 SH   SOLE None 0 0 60,265
WAL MART STORES INC COMMON STOCK 931142103 3,304 41,992 SH   SOLE None 0 0 41,992
DIAGEO PLC NEW- SPON ADR COMMON STOCK 25243Q205 3,239 24,457 SH   SOLE None 0 0 24,457
GOOGLE INC-CL A COMMON STOCK 38259P508 3,199 2,854 SH   SOLE None 0 0 2,854
BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK 084670702 3,176 26,786 SH   SOLE None 0 0 26,786
STARBUCKS CORP COMMON STOCK 855244109 3,125 39,859 SH   SOLE None 0 0 39,859
3M COMPANY COMMON STOCK 88579Y101 3,124 22,274 SH   SOLE None 0 0 22,274
OCCIDENTAL PETE CP DEL COMMON STOCK 674599105 3,008 31,625 SH   SOLE None 0 0 31,625
HEALTH CARE REIT INC COMMON STOCK 42217K106 2,972 55,485 SH   SOLE None 0 0 55,485
CARNIVAL CORP CL A COMMON STOCK 143658300 2,895 72,060 SH   SOLE None 0 0 72,060
COSTCO WHOLESALE CORP COMMON STOCK 22160K105 2,821 23,698 SH   SOLE None 0 0 23,698
REALTY INCOME CORP COMMON STOCK 756109104 2,647 70,895 SH   SOLE None 0 0 70,895
ALLSTATE CORP COMMON STOCK 020002101 2,587 47,440 SH   SOLE None 0 0 47,440
PHILIP MORRIS INTL COMMON STOCK 718172109 2,475 28,403 SH   SOLE None 0 0 28,403
NEW YORK COMMUNITY BANK COMMON STOCK 649445103 2,272 134,845 SH   SOLE None 0 0 134,845
YUM BRANDS INC COMMON STOCK 988498101 2,204 29,145 SH   SOLE None 0 0 29,145
F5 NETWORKS INC COMMON STOCK 315616102 1,801 19,820 SH   SOLE None 0 0 19,820
WYNN RESORTS LTD COMMON STOCK 983134107 1,730 8,910 SH   SOLE None 0 0 8,910
BERKSHIRE HATHAWAY INC (1/100 COMMON STOCK 008499017 1,601 900 SH   SOLE None 0 0 900
AMERICAN EXPRESS CO COMMON STOCK 025816109 1,578 17,393 SH   SOLE None 0 0 17,393
ROYAL DUTCH SHEL ADR A COMMON STOCK 780259206 1,441 20,225 SH   SOLE None 0 0 20,225
TIMKEN CO COMMON STOCK 887389104 1,223 22,200 SH   SOLE None 0 0 22,200
BARCLAYS BK PLC PFD 7.1% PREFERRED STOCK 06739H776 1,174 46,633 SH   SOLE None 0 0 46,633
JP MORGAN PFD 5.45% SER P PREFERRED STOCK 46637G124 1,079 53,200 SH   SOLE None 0 0 53,200
SEMPRA ENERGY COMMON STOCK 816851109 1,077 12,000 SH   SOLE None 0 0 12,000
REPUBLIC SERVICES INC-CL A COMMON STOCK 760759100 1,039 31,300 SH   SOLE None 0 0 31,300
DB CAP TRUST III 7.6% PFD PREFERRED STOCK 25150L108 1,024 39,450 SH   SOLE None 0 0 39,450
CONOCOPHILLIPS COMMON STOCK 20825C104 970 13,726 SH   SOLE None 0 0 13,726
VERIZON COMMUNICATIONS COMMON STOCK 92343V104 963 19,590 SH   SOLE None 0 0 19,590
SPX CORP COMMON STOCK 784635104 942 9,452 SH   SOLE None 0 0 9,452
SCHWAB CA MUNI MONEY FD OTHER ASSETS 808508204 918 917,791 SH   SOLE None 0 0 917,791
KB HOME COMMON STOCK 48666K109 882 48,265 SH   SOLE None 0 0 48,265
BLACKROCK INC COMMON STOCK 09247X101 850 2,685 SH   SOLE None 0 0 2,685
MEDTRONIC INC COMMON STOCK 585055106 844 14,714 SH   SOLE None 0 0 14,714
SCHLUMBERGER LTD COMMON STOCK 806857108 828 9,190 SH   SOLE None 0 0 9,190
SCHWAB TREASURY VALUE ADV MONE OTHER ASSETS 808515621 800 800,000 SH   SOLE None 0 0 800,000
STRYKER CORP COMMON STOCK 863667101 756 10,060 SH   SOLE None 0 0 10,060
RETAIL PROPERTIES OF AMERICA I COMMON STOCK 76131V202 732 57,564 SH   SOLE None 0 0 57,564
NESTLE S A COMMON STOCK 641069406 715 9,722 SH   SOLE None 0 0 9,722
DEVON ENERGY CORPORATION COMMON STOCK 25179M103 691 11,175 SH   SOLE None 0 0 11,175
STAPLES INC COMMON STOCK 855030102 656 41,255 SH   SOLE None 0 0 41,255
TESLA MOTORS INC COMMON STOCK 88160R101 642 4,270 SH   SOLE None 0 0 4,270
BARCLAYS BK 8.125% PFD PREFERRED STOCK 06739H362 634 24,996 SH   SOLE None 0 0 24,996
EQT CORP COMMON STOCK 26884L109 620 6,908 SH   SOLE None 0 0 6,908
EDISON INTERNATIONAL COMMON STOCK 281020107 604 13,039 SH   SOLE None 0 0 13,039
SYMANTEC CORP COMMON STOCK 871503108 593 25,150 SH   SOLE None 0 0 25,150
COCA COLA CO COMMON STOCK 191216100 577 13,961 SH   SOLE None 0 0 13,961
P G & E CORPORATION COMMON STOCK 69331C108 483 12,000 SH   SOLE None 0 0 12,000
CATERPILLAR INC COMMON STOCK 149123101 452 4,977 SH   SOLE None 0 0 4,977
SOUTHWEST GAS CORP. COMMON STOCK 844895102 436 7,800 SH   SOLE None 0 0 7,800
AIR PRODS & CHEMS INC COMMON STOCK 009158106 414 3,700 SH   SOLE None 0 0 3,700
PHILLIPS 66 COMMON STOCK 718546104 409 5,308 SH   SOLE None 0 0 5,308
HONEYWELL INTL INC COMMON STOCK 438516106 393 4,300 SH   SOLE None 0 0 4,300
NIKE INC - CL B COMMON STOCK 654106103 381 4,850 SH   SOLE None 0 0 4,850
ABBVIE INC COMMON STOCK 00287Y109 377 7,131 SH   SOLE None 0 0 7,131
VCA ANTECH INC COMMON STOCK 918194101 376 11,975 SH   SOLE None 0 0 11,975
AMERIPRISE FINANCIAL INC. COMMON STOCK 03076C106 367 3,190 SH   SOLE None 0 0 3,190
MCDONALDS CORP COMMON STOCK 580135101 357 3,678 SH   SOLE None 0 0 3,678
DB CAPITAL FUNDING PFD 7.35% PREFERRED STOCK 25154D102 352 13,900 SH   SOLE None 0 0 13,900
VF CORP COMMON STOCK 918204108 340 5,460 SH   SOLE None 0 0 5,460
UNION PACIFIC CORP COMMON STOCK 907818108 318 1,890 SH   SOLE None 0 0 1,890
LOWE'S COMPANIES COMMON STOCK 548661107 307 6,200 SH   SOLE None 0 0 6,200
ABBOTT LABS COMMON STOCK 002824100 306 7,996 SH   SOLE None 0 0 7,996
GOGO INC COMMON STOCK 38046C109 293 11,798 SH   SOLE None 0 0 11,798
ENERGY TRANSFER PARTNERS LP COMMON STOCK 29273R109 292 5,100 SH   SOLE None 0 0 5,100
PUBLIC SVC ENTERPRISE COMMON STOCK 744573106 275 8,572 SH   SOLE None 0 0 8,572
PLAINS ALL AMER PIPELINE LP COMMON STOCK 726503105 274 5,290 SH   SOLE None 0 0 5,290
BANK OF AMERICA CORP PFD 7.25% PREFERRED STOCK 060505682 265 250 SH   SOLE None 0 0 250
KINDER MORGAN ENERGY PTNRS LP COMMON STOCK 494550106 260 3,225 SH   SOLE None 0 0 3,225
PUBLIC STORAGE INC. COMMON STOCK 74460D109 242 1,610 SH   SOLE None 0 0 1,610
LAACO LTD UNIT PARTNERSHIP COMMON STOCK 505346106 240 208 SH   SOLE None 0 0 208
KIMBERLY-CLARK CORP COMMON STOCK 494368103 239 2,285 SH   SOLE None 0 0 2,285
ALTRIA GROUP INC COMMON STOCK 02209S103 237 6,171 SH   SOLE None 0 0 6,171
BOEING CO COMMON STOCK 097023105 226 1,654 SH   SOLE None 0 0 1,654
FIRSTENERGY CORP COMMON STOCK 337932107 221 6,698 SH   SOLE None 0 0 6,698
BIOGEN IDEC INC COMMON STOCK 09062X103 219 782 SH   SOLE None 0 0 782
APPLIED MICRO CIRCUITS CORP COMMON STOCK 03822W406 218 16,285 SH   SOLE None 0 0 16,285
PACWEST BANCORP COMMON STOCK 695263103 217 5,130 SH   SOLE None 0 0 5,130
NEXTERA ENERGY INC COMMON STOCK 65339F101 216 2,520 SH   SOLE None 0 0 2,520
REALTY INCOME CORP 6.625% SER PREFERRED STOCK 756109807 215 9,000 SH   SOLE None 0 0 9,000
MARATHON PETROLEUM CORP COMMON STOCK 56585A102 215 2,344 SH   SOLE None 0 0 2,344
FRANKLIN RESOURCES INC COMMON STOCK 354613101 210 3,634 SH   SOLE None 0 0 3,634
BAXTER INTL INC COMMON STOCK 071813109 210 3,015 SH   SOLE None 0 0 3,015
DOMINION RES INC VA COMMON STOCK 25746U109 203 3,140 SH   SOLE None 0 0 3,140
KIMCO REALTY CORP COMMON STOCK 49446R109 202 10,210 SH   SOLE None 0 0 10,210
VALLEY BANKCORP COMMON STOCK 919794107 112 11,024 SH   SOLE None 0 0 11,024
SOLAR POWER INC COMMON STOCK 83490A100 30 173,000 SH   SOLE None 0 0 173,000
VISION INDUSTRIES CORP COMMON STOCK 92835C101 10 100,000 SH   SOLE None 0 0 100,000
E DIGITAL CORP COMMON STOCK 26841Y103 4 46,811 SH   SOLE None 0 0 46,811
IRELAND INC COMMON STOCK 46267T206 3 11,500 SH   SOLE None 0 0 11,500
VANTEX RESOURCES LTD COMMON STOCK 921945408 0 10,400 SH   SOLE None 0 0 10,400
BIO-MATRIX SCIENTIFIC GROUP COMMON STOCK 09065C106 0 12,500 SH   SOLE None 0 0 12,500