-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 ILmSA3mM9h13S8OpWjFl9/WqtMmlexA5OTTg8DWdfTdWmQ8dw5yjnXg9TFTBqZM6
 iu8w8VB22B74hNIy+frtCw==

<SEC-DOCUMENT>0001179110-06-016479.txt : 20060810
<SEC-HEADER>0001179110-06-016479.hdr.sgml : 20060810
<ACCEPTANCE-DATETIME>20060810134152
ACCESSION NUMBER:		0001179110-06-016479
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060808
FILED AS OF DATE:		20060810
DATE AS OF CHANGE:		20060810

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:			Pacini Raymond J
		CENTRAL INDEX KEY:			0001331313

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17189
		FILM NUMBER:		061020590

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		949-250-7781

	MAIL ADDRESS:	
		STREET 1:		6 EXECUTIVE CIRCLE, SUITE 250
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92614
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4/A -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2006-08-08</periodOfReport>

    <dateOfOriginalSubmission>2008-08-10</dateOfOriginalSubmission>

    <notSubjectToSection16>0</notSubjectToSection16>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001331313</rptOwnerCik>
            <rptOwnerName>Pacini Raymond J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6 EXECUTIVE CIRCLE, SUITE 250</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>IRVINE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92614</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CEO &amp; President</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock - $.05 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2006-08-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>X</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>264996</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>376625</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option - Common Stock $.05 par value</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>4.50</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-08-08</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>X</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>264996</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>4.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>1998-04-28</value>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2007-04-28</value>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock - $.05 par value</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>264996</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Includes 2,500 shares held in custodial accounts for Mr. Pacini's children as to which he disclaims beneficial ownership.</footnote>
        <footnote id="F2">Options were exercisable as follows: 75,998 on 4/28/98, 56,999 on 4/28/99, 56,999 on 4/28/00, 37,500 on 12/7/00 and 37,500 on 12/7/01.</footnote>
        <footnote id="F3">Options were scheduled to expire as follows:  189,996 on 4/28/07 and 75,000 on 12/7/09.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Raymond J. Pacini</signatureName>
        <signatureDate>2006-08-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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