EX-5 2 a06-16960_1ex5.htm EX-5

EXHIBIT 5

CLS

 

Corporate Law Solutions

 

A Professional Law Corporation

 

 

 

Gregory W. Preston, Esq.

 

Managing Director

 

 

 

2112 Business Center Dr., 2nd Floor

 

Direct Dial: 949.252.9252

 

Irvine,

California

92612 — 7135

 

Facsimile:

 

949.757.0667

 

Email: gpreston@corp-law.com

 

 

 

 

July 28, 2006

 

 

California Coastal Communities, Inc.

6 Executive Circle, Suite 250

Irvine, California  92614

Re:   California Coastal Communities, Inc. (the “Company”)—
Registration Statement on From S-8 (the “Registration Statement”)

 

Dear Ladies and Gentlemen:

We refer to your Registration Statement, which registered an additional 250,000 shares of Common Stock, par value $0.05 per share (the “Common Stock”) for issuance under the Company’s Amended and Restated 1993 Stock Option/Stock Issuance Plan (the “Plan”).  We advise you that, in our opinion, when such shares of Common Stock have been issued and sold pursuant to the applicable provisions of the Plan and in accordance with the Registration Statement, such shares will be validly issued, fully paid and non-assessable shares of the Company’s Common Stock.

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement.

 

Very truly yours,

 

 

 

Corporate Law Solutions, P.C.

 

 

 

 

 

By

/s/ GREGORY W. PRESTON

 

 

 

Gregory W. Preston

 

 

Managing Director