UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~January~~ 12February 24, 2011

California Coastal Communities, Inc.

(Exact name of registrant as specified in its charter)

Delaware		0-17189		02-0426634
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

6 Executive Circle, Suite 250, Irvine, California		92614
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (949) 250-7700

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~o Soliciting~~Item ~~material~~1.03 ~~pursuant~~Bankruptcy toor ~~Rule 14a-12 under the Exchange Act (17 CFR 240~~Receivership.~~14a-12)~~

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.03. Bankruptcy or Receivership.

Item 7.01 Regulation FD Disclosure.

On ~~January~~February 1224, 2011, the United States Bankruptcy Court for the Central District of California ~~approved~~confirmed the Registrant’s ~~disclosure statement and scheduled a hearing to be held on February 16, 2011 to consider confirmation of the Registrant’s~~ plan of reorganization ~~(the “Plan”)~~ with respect to its Chapter 11 bankruptcy cases. ~~The Registrant is now commencing solicitation of votes from its creditors in support of the Plan.~~

A copy of the press release dated ~~January~~February 1224, 2011 announcing the ~~hearing~~plan ~~schedule~~confirmation and the Registrant’s ~~commencement~~expectation ofthat ~~creditor~~it ~~solicitation~~will exit bankruptcy by March 1, 2011 is attached hereto as Exhibit 99.1.

~~Forward-Looking~~Item ~~Statements~~8.01 Other Events,

~~This~~Upon ~~Form 8-K~~exiting ~~contains~~bankruptcy, ~~forward-looking~~currently ~~statements~~expected ~~that are subject~~ to ~~certain~~occur ~~risks~~by ~~and uncertainties that could cause actual results to differ materially from those projected. The most significant among these risks and uncertainties are: (i)~~March ~~the~~1, ~~ability~~2011, of the Registrant towill ~~continue~~cease ~~as a going concern; (ii) the Registrant’s ability~~ to ~~obtain~~be ~~bankruptcy~~publicly ~~court approval with respect to the plan of reorganization and other motions in the Chapter 11 cases; (iii) risks associated with third party motions in the Chapter 11 cases~~held, ~~which~~all ~~may~~outstanding ~~interfere~~shares ~~with the Registrant’s ability to consummate the plan~~ of ~~reorganization; (iv) the ability to execute the Registrant’s business and restructuring plan; (v) the Registrant’s ability to maintain contracts that are critical to~~ its ~~operation~~common ~~and~~stock towill ~~retain~~be ~~key~~cancelled ~~executives, managers~~ and ~~employees.~~will ~~The~~no ~~cautionary~~longer ~~statements~~trade ~~provided~~in ~~above are being made pursuant to~~ the ~~provisions of~~ over-the-counter-market, ~~Private Securities Litigation Reform Act of 1995 (the “Act”)~~ and ~~with~~100% ~~the intention~~ of ~~obtaining~~ the ~~benefits~~new ofequity ~~the~~in ~~“safe harbor” provisions of~~ the ~~Act for any such forward-looking information. Additional risks that may affect the~~ Registrant’s ~~future~~will ~~performance~~be ~~are~~privately ~~detailed~~held inby the Registrant’s ~~filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q~~lenders.

Forward-Looking Statements

This Form 8-K contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The most significant among these risks and uncertainties are: (i) the ability of the Registrant to continue as a going concern; (ii) the Registrant’s ability to obtain bankruptcy court approval with respect to the plan of reorganization and other motions in the Chapter 11 cases; (iii) risks associated with third party motions in the Chapter 11 cases, which may interfere with the Registrant’s ability to consummate the plan of reorganization; (iv) the ability to execute the Registrant’s business and restructuring plan; (v) the Registrant’s ability to maintain contracts that are critical to its operation and to retain key executives, managers and employees. The cautionary statements provided above are being made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995 (the “Act”) and with the intention of obtaining the benefits of the “safe harbor” provisions of the Act for any such forward-looking information. Additional risks that may affect the Registrant’s future performance are detailed in the Registrant’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit
Exhibit Number		Exhibit Description
Number		Exhibit Description
99.1		Press release, dated February 24, 2011.
99.1		Press release, dated January 12, 2011.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 13, 2011	California Coastal Communities, Inc.
Date: February 25, 2011	California Coastal Communities, Inc.
	By:	/s/ Sandra G. Sciutto
		Sandra G. Sciutto
		Chief Financial Officer and Senior Vice President
		Chief Financial Officer and
		Senior Vice President

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