<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Angeles
Opportunity Properties Ltd. 1996 First Quarter 10-QSB and is qualified in its
entirety by reference to such 10-QSB filing.
</LEGEND>
<CIK> 0000789282
<NAME> ANGELES OPPORTUNITY PROEPRTIES LTD.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                           1,099
<SECURITIES>                                         0
<RECEIVABLES>                                        5
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 1,338
<PP&E>                                           8,024
<DEPRECIATION>                                   1,421
<TOTAL-ASSETS>                                   8,116
<CURRENT-LIABILITIES>                              147
<BONDS>                                          4,317
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                       3,570
<TOTAL-LIABILITY-AND-EQUITY>                     8,116
<SALES>                                              0
<TOTAL-REVENUES>                                   521
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                   500
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 110
<INCOME-PRETAX>                                     21
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                 21
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        21
<EPS-PRIMARY>                                     1.69
<EPS-DILUTED>                                        0