<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Angeles Income Properties LTD. IV 1997 Second Quarter 10-QSB and is qualified in its entirety by reference to such 10-QSB filing. </LEGEND> <CIK> 0000763049 <NAME> ANGELES INCOME PROPERTIES LTD IV <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 3,195 <SECURITIES> 0 <RECEIVABLES> 180 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 23,033 <DEPRECIATION> 12,022 <TOTAL-ASSETS> 16,156 <CURRENT-LIABILITIES> 0<F1> <BONDS> 15,300 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 586 <TOTAL-LIABILITY-AND-EQUITY> 16,156 <SALES> 0 <TOTAL-REVENUES> 2,155 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,376 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 765 <INCOME-PRETAX> 13,881 <INCOME-TAX> 0 <INCOME-CONTINUING> 13,881 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 13,881 <EPS-PRIMARY> 103.38<F2> <EPS-DILUTED> 0 <FN> <F1>Registrant has an unclassified balance sheet. <F2>Multiplier is 1. </FN>