Redduck, I own BCK, PCK, and EVM, all ETFs, they all got killed during the last couple of weeks, they are all leveraged. I bought them because they are AMT free. They are all yielding over 5% now. Go to etfconnect.com to see the NAV vs. Closing Price. I have own them for couple of years now. PCK has the most trading volume, BCK and EVM are thinly traded. PCK is still trading at permium. I also like NKX but do not own it. The only drawback of these ETFs is that they are thinly traded making them expensive to trade (big spread between bid/ask, small order makes it difficult to accumulate a big position).
The individual CA Muni bonds are available for individual investors today and tomorrow. They are rated A+, the 10 years and 30 years are juicy (5% and over). I am surprised that nobody is interested in them.