<ARTICLE> 5 <CIK> 0000225775 <NAME> Public Storage Properties IV, Ltd. <MULTIPLIER> 1 <CURRENCY> US <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> Dec-31-1999 <PERIOD-START> Jan-01-1999 <PERIOD-END> Mar-31-1999 <EXCHANGE-RATE> 1 <CASH> 217,000 <SECURITIES> 9,549,000 <RECEIVABLES> 119,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 10,011,000 <PP&E> 21,723,000 <DEPRECIATION> (12,070,000) <TOTAL-ASSETS> 19,664,000 <CURRENT-LIABILITIES> 462,000 <BONDS> 0 <PREFERRED-MANDATORY> 18,150,000 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,052,000 <TOTAL-LIABILITY-AND-EQUITY> 19,664,000 <SALES> 0 <TOTAL-REVENUES> 2,326,000 <CGS> 0 <TOTAL-COSTS> 671,000 <OTHER-EXPENSES> 273,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 284,000 <INCOME-PRETAX> 1,098,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,098,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,098,000 <EPS-PRIMARY> 27.15 <EPS-DILUTED> 27.15