<ARTICLE>                           5
<LEGEND>
This schedule  contains  summary  financial  information  extracted from Angeles
Income  Properties,  Ltd. III 2000 First Quarter  10-QSB and is qualified in its
entirety by reference to such 10-QSB filing.
</LEGEND>
<CIK>                               0000720460
<NAME>                              Angeles Income Properties, Ltd. III
<MULTIPLIER>                                           1,000

                                   
<PERIOD-TYPE>                       3-MOS
<FISCAL-YEAR-END>                   DEC-31-2000
<PERIOD-START>                      JAN-01-2000
<PERIOD-END>                        MAR-31-2000
<CASH>                                                   987
<SECURITIES>                                               0
<RECEIVABLES>                                              0
<ALLOWANCES>                                               0
<INVENTORY>                                                0
<CURRENT-ASSETS>                                           0 <F1>
<PP&E>                                                 4,936
<DEPRECIATION>                                         3,190
<TOTAL-ASSETS>                                         2,836
<CURRENT-LIABILITIES>                                      0 <F1>
<BONDS>                                                    0
<PREFERRED-MANDATORY>                                      0
<PREFERRED>                                                0
<COMMON>                                                   0
<OTHER-SE>                                             2,695
<TOTAL-LIABILITY-AND-EQUITY>                           2,836
<SALES>                                                    0
<TOTAL-REVENUES>                                         221
<CGS>                                                      0
<TOTAL-COSTS>                                              0
<OTHER-EXPENSES>                                         197
<LOSS-PROVISION>                                           0
<INTEREST-EXPENSE>                                         0
<INCOME-PRETAX>                                            0
<INCOME-TAX>                                               0
<INCOME-CONTINUING>                                        0
<DISCONTINUED>                                             0
<EXTRAORDINARY>                                            0
<CHANGES>                                                  0
<NET-INCOME>                                              24
<EPS-BASIC>                                              128<F2>
<EPS-DILUTED>                                              0
<FN>
<F1> Registrant has an unclassified balance sheet.
<F2> Multiplier is 1.
</FN>