<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Consolidated Capital Properties V 1997 First Quarter 10-QSB and is qualified in its entirety by reference to such 10-QSB filing. </LEGEND> <CIK> 0000725614 <NAME> CONSOLIDATED CAPITAL PROPERTIES V <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 562 <SECURITIES> 0 <RECEIVABLES> 45 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 20,477 <DEPRECIATION> 13,339 <TOTAL-ASSETS> 9,078 <CURRENT-LIABILITIES> 0<F1> <BONDS> 11,247 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (2,846) <TOTAL-LIABILITY-AND-EQUITY> 9,078 <SALES> 0 <TOTAL-REVENUES> 1,149 <CGS> 0 <TOTAL-COSTS> 1,232 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 206 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (83) <EPS-PRIMARY> (.46)<F2> <EPS-DILUTED> 0 <FN> <F1>Partnership has an unclassified balance sheet. <F2>Multiplier is 1. </FN>