July 31, 1998


                  QUARTERLY REPORT TO THE LIMITED PARTNERS
                        OF DSI REALTY INCOME FUND X 


DEAR LIMITED PARTNERS:

We are pleased to enclose the Partnership's unaudited financial statements
for  the  period  ended  June 30, 1998. The  following  is  Management's
discussion  and  analysis of the  Partnership's  financial condition and
results  of  its  operations.

For the three month periods ended June 30, 1998, and 1997, total revenues
decreased slightly from $654,152 to $652,981 and total expenses decreased
2.6% from $428,270 to $417,342.  As a result, net income increased 4.3%
from $225,882 to $235,639 for the three month period ended June 30, 1998,
as compared to the same period in 1997.  The slight decrease in revenue can
be attributed to a decrease in rental income due to lower occupancy levels,
partially offset by higher unit rental rates.  Occupancy levels for the
Partnership's five mini-storage facilities averaged 81.0% for the three
month period ended June 30, 1998, as compared to 84.7% for the same period
in 1997.  The Partnership is continuing its advertising campaign to attract
and keep new tenants in its various mini-storage facilities.  Operating
expenses decreased approximately $17,100 (4.6%) from $368,755 for the three
month period ended June 30, 1997, to $351,617 for the same period in 1998.
The decrease can be attributed primarily to lower yellow pages advertising
costs, maintenance and repairs, salaries and wages and workman's compensation
insurance expenses, partially offset by higher real estate tax expenses.
General and administrative expenses increased approximately $6,200 (10.4%)
primarily as a result of estimated tax payments to Maryland and Michigan.

For the  six month  periods ended  June 30, 1998, and 1997, total  revenues
increased slightly from $1,310,707 to $1,315,331 and total expenses decreased
1.7% from $825,676 to $812,031.  As a result, net income increased 3.8% from
$485,031 for the six month period ended June 30, 1997, to $503,300 for the
same period in 1998.  The slight increase in revenue can be attributed to an
increase in rental revenue due to higher unit rental rates, partially offset
by lower occupancy levels.  Operating expenses decreased approximately $25,400
(3.6%) from $702,209 to $676,854.  The decrease is primarily due to lower
yellow pages advertising costs, repairs and maintenance and workman's
compensation insurance expenses, partially offset by higher real estate tax.
General and administrative expenses increased approximately $11,700 (9.5%)
for the same reason as discussed above.

The General Partners will  continue their  policy of funding  improvements
and  maintenance  of  Partnership  properties  with  cash  generated  from
operations.  The  Partnership's  financial resources appear to be adequate
to  meet  its  needs. 

We are not  enclosing a  copy of the  Partnership  Form 10-Q as  filed  with 
the  Securities  and  Exchange  Commission, since  all the  information  set 
forth  therein is  contained  either in this  letter or  in  the  attached 
financial  statements.  However, if  you  wish to  receive a  copy of  said 
report, please  send  a  written  request to  DSI  Realty  Income  Fund  X, 
P.O. Box  357, Long  Beach,  California  90801.

                              Very truly yours,

                              DSI Realty Income Fund X
                              By: DSI Properties, Inc., as
                              General Partner



                              By___\s\ Robert J. Conway_______
                              ROBERT J. CONWAY, President