<ARTICLE> 5
<LEGEND>
RESTATED FINANCIAL DATA SCHEDULES.
</LEGEND>
<RESTATED> 
<CIK> 0000765880
<NAME> HEALTH CARE PROPERTY INVESTORS, INC.
<MULTIPLIER> 1,000
       
                                                                                                       
<PERIOD-TYPE>                   YEAR                 YEAR                 3-MOS                   6-MOS               9-MOS
<FISCAL-YEAR-END>               DEC-31-1995          DEC-31-1996          DEC-31-1997          DEC-31-1997         DEC-31-1997
<PERIOD-END>                    DEC-31-1995          DEC-31-1996          MAR-31-1997          JUN-30-1997         SEP-30-1997
<CASH>                          2,000                2,811                10,862               3,356               3,020
<SECURITIES>                    0                    0                    0                    0                   0
<RECEIVABLES>                   0                    0                    0                    0                   0
<ALLOWANCES>                    0                    0                    0                    0                   0
<INVENTORY>                     0                    0                    0                    0                   0
<CURRENT-ASSETS>                0                    0                    0                    0                   0
<PP&E>                          649,977              771,594              783,796              845,432             862,155
<DEPRECIATION>                  121,983              147,860              154,065              159,596             165,329
<TOTAL-ASSETS>                  667,831              753,653              767,557              816,589             827,089
<CURRENT-LIABILITIES>           0                    0                    0                    0                   0
<BONDS>                         299,084              379,504              389,139              443,265             393,627
<PREFERRED-MANDATORY>           0                    0                    0                    0                   0
<PREFERRED>                     0                    0                    0                    0                   57,810
<COMMON>                        28,574               28,678               28,708               28,714              28,727
<OTHER-SE>                      310,886              308,128              309,064              307,124             305,134
<TOTAL-LIABILITY-AND-EQUITY>    667,831              753,653              767,557              816,589             827,089
<SALES>                         0                    0                    0                    0                   0
<TOTAL-REVENUES>                10,696               120,393              30,867               62,618              94,925
<CGS>                           0                    0                    0                    0                   0
<TOTAL-COSTS>                   23,067               26,525               7,252                14,556              21,922
<OTHER-EXPENSES>                6,034                6,826                1,781                3,636               5,511
<LOSS-PROVISION>                0                    0                    0                    0                   0
<INTEREST-EXPENSE>              19,339               26,401               6,762                13,960              21,407
<INCOME-PRETAX>                 80,266               60,641               17,119               32,513              48,132
<INCOME-TAX>                    0                    0                    0                    0                   0
<INCOME-CONTINUING>             80,266               60,641               17,119               32,513              48,132
<DISCONTINUED>                  0                    0                    0                    0                   0
<EXTRAORDINARY>                 0                    0                    0                    0                   0
<CHANGES>                       0                    0                    0                    0                   0
<NET-INCOME>                    80,266               60,641               17,119               32,513              48,132
<EPS-PRIMARY>                   2.83                 2.12                 0.60                 1.13                1.67
<EPS-DILUTED>                   2.78                 2.10                 0.59                 1.12                1.66