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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 LKybvK5wC85RiPtDbg4tTXYgFokVu/53s1Z/u3VCmDHKTruPK/sQJhuKV9RxAN3v
 FT+L8gEgHzjvoRcHS61fLQ==

<SEC-DOCUMENT>0001181431-05-035524.txt : 20050620
<SEC-HEADER>0001181431-05-035524.hdr.sgml : 20050617
<ACCEPTANCE-DATETIME>20050620124936
ACCESSION NUMBER:		0001181431-05-035524
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050302
FILED AS OF DATE:		20050620
DATE AS OF CHANGE:		20050620

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CALIFORNIA COASTAL COMMUNITIES INC
		CENTRAL INDEX KEY:			0000840216
		STANDARD INDUSTRIAL CLASSIFICATION:	LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552]
		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:			Silvercreek SAV LLC
		CENTRAL INDEX KEY:			0001330258

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17189
		FILM NUMBER:		05905253

	BUSINESS ADDRESS:	
		STREET 1:		C/O MERCURY REAL ESTATE ADVISORS LLC
		STREET 2:		100 FIELD POINT ROAD
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06830
		BUSINESS PHONE:		(203) 769-2985

	MAIL ADDRESS:	
		STREET 1:		C/O MERCURY REAL ESTATE ADVISORS LLC
		STREET 2:		100 FIELD POINT ROAD
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06830
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>rrd82780.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2005-03-02</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001330258</rptOwnerCik>
            <rptOwnerName>Silvercreek SAV LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O MERCURY REAL ESTATE ADVISORS LLC</rptOwnerStreet1>
            <rptOwnerStreet2>100 FIELD POINT ROAD</rptOwnerStreet2>
            <rptOwnerCity>GREENWICH</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06830</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>
                <footnoteId id="F1"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>11156</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">These shares were acquired by Mercury Real Estate Advisors, LLC (&quot;Advisors&quot;), a registered investment adviser, on behalf of Silvercreek SAV LLC, for which Advisors serves as the investment adviser.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ David R. Jarvis</signatureName>
        <signatureDate>2005-06-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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