<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Consolidated Capital Properties V 1996 First Quarter 10-QSB/A and is qualified in its entirety by reference to such 10-QSB/A filing. </LEGEND> <CIK> 0000725614 <NAME> CONSOLIDATED CAPITAL PROPERTIES V <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 300 <SECURITIES> 207 <RECEIVABLES> 22 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 20,112 <DEPRECIATION> 12,210 <TOTAL-ASSETS> 9,129 <CURRENT-LIABILITIES> 0<F1> <BONDS> 10,103 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (1,769) <TOTAL-LIABILITY-AND-EQUITY> 9,129 <SALES> 0 <TOTAL-REVENUES> 1,009 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,167 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 249 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (158) <EPS-PRIMARY> (.88)<F2> <EPS-DILUTED> 0 <FN> <F1>The Partnership has an unclassified balance sheet. <F2>Multiplier is 1. </FN>