Exhibit 21.01

CALIFORNIA COASTAL COMMUNITIES, INC.  WORLDWIDE SUBSIDIARY LIST  12/31/07

|                              |                                    | Percentage
Ownership            |     | State/Country of
Incorporation
|----------------------------- | ---------------------------------- | ------------------------------- | --- | ------------------------------
|Henley Facilities, Inc.       |                                    | 100                             |     | Delaware                      
|New Henley Holdings Inc.      |                                    | 100                             |     | Delaware                      
|                              | Air Correction International, Inc. |                                 | 100 |                               
|                              | Henley Investments, Inc. Two       |                                 | 100 |                               
|                              | Procon International Inc.          |                                 | 100 |                               
|                              | Pullman Passenger Car Company Inc. |                                 | 100 |                               
|                              | Trailmobile International Ltd.     |                                 | 100 |                               
|                              | Trailmobile Leasing Corp.          |                                 | 100 |                               
|                              | W.O.L. Corporation                 |                                 | 100 |                               
|Signal Landmark Holdings Inc. |                                    | 100                             |     | Delaware                      
|                              | Signal Landmark                    |                                 | 100 |                               
|                              | Calumet Real Estate Inc.           |                                 | 100 |                               
|                              | Hearthside Residential Corp.       |                                 | 100 |                               
|Henley/KNO Holding Inc.       |                                    | 100                             |     | Delaware                      
|Hearthside Holdings, Inc.     |                                    | 100                             |     | Delaware                      
|                              | Hearthside Homes, Inc.             |                                 | 100 |                               
|                              |                                    | Hearthside Homes Oxnard, L.L.C. |     | 50                            
|                              |                                    | HHI Chandler, L.L.C.            |     | 100                           
|                              |                                    | HHI Chino II, L.L.C.            |     | 100                           
|                              |                                    | HHI Crosby, L.L.C.              |     | 100                           
|                              |                                    | HHI Hellman, L.L.C.             |     | 100                           
|                              |                                    | HHI Lancaster I, L.L.C.         |     | 100                           
|                              |                                    | HHI Seneca, L.L.C.              |     | 100                           
|KREG Holdings Inc.            |                                    | 100                             |     | Delaware                      
|WT/HRC Corporation            |                                    | 100                             |     | Illinois                      

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