-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 06pV0Wbz2ezYMn7w+5Qe0Q==

<SEC-DOCUMENT>0001019973-09-000005.txt : 20091112
<SEC-HEADER>0001019973-09-000005.hdr.sgml : 20091111
<ACCEPTANCE-DATETIME>20091112162550
ACCESSION NUMBER:		0001019973-09-000005
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20091104
FILED AS OF DATE:		20091112
DATE AS OF CHANGE:		20091112

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HOVDE ERIC D
		CENTRAL INDEX KEY:			0001019973
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17189
		FILM NUMBER:		091177400

	MAIL ADDRESS:	
		STREET 1:		1826 JEFFERSON PLACE NW
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CALIFORNIA COASTAL COMMUNITIES INC
		CENTRAL INDEX KEY:			0000840216
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATIVE BUILDERS [1531]
		IRS NUMBER:				020426634
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		6 EXECUTIVE CIRCLE
		STREET 2:		SUITE 250
		CITY:			IRVIN
		STATE:			CA
		ZIP:			92614
		BUSINESS PHONE:		9492507700

	MAIL ADDRESS:	
		STREET 1:		6 EXECUTIVE CIRCLE
		STREET 2:		SUITE 250
		CITY:			IRVIN
		STATE:			CA
		ZIP:			92614

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KOLL REAL ESTATE GROUP INC
		DATE OF NAME CHANGE:	19931006

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOLSA CHICA CO/
		DATE OF NAME CHANGE:	19921229

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HENLEY PROPERTIES INC
		DATE OF NAME CHANGE:	19920727

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Financial Institution Partners Master Fund, LP
		CENTRAL INDEX KEY:			0001476438
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17189
		FILM NUMBER:		091177399

	BUSINESS ADDRESS:	
		STREET 1:		1826 JEFFERSON PLACE, NW
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036
		BUSINESS PHONE:		202-822-8117

	MAIL ADDRESS:	
		STREET 1:		1826 JEFFERSON PLACE, NW
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2009-11-04</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000840216</issuerCik>
        <issuerName>CALIFORNIA COASTAL COMMUNITIES INC</issuerName>
        <issuerTradingSymbol>CALC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001019973</rptOwnerCik>
            <rptOwnerName>HOVDE ERIC D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1826 JEFFERSON PLACE NW</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WASHINGTON</rptOwnerCity>
            <rptOwnerState>DC</rptOwnerState>
            <rptOwnerZipCode>20036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001476438</rptOwnerCik>
            <rptOwnerName>Financial Institution Partners Master Fund, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1826 JEFFERSON PLACE, NW</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WASHINGTON</rptOwnerCity>
            <rptOwnerState>DC</rptOwnerState>
            <rptOwnerZipCode>20036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1146203</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>958652</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This Form 3 relates to shares of common stock, $0.05 par value (the &quot;Shares&quot;) of California Coastal Communities, Inc. (&quot;Issuer&quot;), owned by Financial Institution Partners Master Fund, L.P. (the &quot;FIP Master Fund&quot;), Financial Institution Partners III, L.P. (&quot;FIPIII&quot;), or Financial Institution Partners IV, L.P. (&quot;FIPIV&quot;; together with FIP Master Fund and FIPIII, the &quot;Funds&quot;), which Shares may be deemed to be beneficially owned by Eric D. Hovde (&quot;EDH&quot;). Eric D. Hovde is a managing member (&quot;MM&quot;) of Hovde Capital Advisors LLC (&quot;HCA&quot;), a registered investment advisor that provides investment management services to each the Funds. EDH is a MM of Hovde Capital I, LLC (&quot;HC1&quot;), the general partner to FIP Master Fund; EDH is a MM of Hovde Capital, Ltd. (&quot;HCLTD&quot;), the general partner to FIPIII; and EDH is the MM of Hovde Capital Limited IV LLC (&quot;HCLTDIV&quot;), the general partner to
 FIPIV. HC1, HCLTD, and HCLTDIV are hereinafter referred to as the &quot;General Partners.&quot;</footnote>
        <footnote id="F2">Each Reporting Person disclaims beneficial ownership of the Shares reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission of beneficial ownership of such Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or for any other purpose.</footnote>
        <footnote id="F3">As of the date of the transactions reported herein, FIP Master Fund, was the direct owner of 958,652 Shares; FIPIII, was the direct owner of 154,562 Shares; and FIPIV, was the direct owner of 32,989 Shares.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Eric D. Hovde</signatureName>
        <signatureDate>2009-11-12</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Eric D. Hovde, Managing Member of Hovde Capital I, LLC, general partner of Financial Insitution Partners Master Fund LP</signatureName>
        <signatureDate>2009-11-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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