<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements of Consolidated Capital Institutional Properties/2 as filed
in the Partnership's Quarterly Report on Form 10-Q for the quarter ended
September 30, 1994 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               SEP-30-1994
<EXCHANGE-RATE>                                      1
<CASH>                                           1,314
<SECURITIES>                                     9,769
<RECEIVABLES>                                   91,838
<ALLOWANCES>                                  (39,730)
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                          10,686
<DEPRECIATION>                                   2,339
<TOTAL-ASSETS>                                  71,985
<CURRENT-LIABILITIES>                              310
<BONDS>                                              0
<COMMON>                                             0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      71,675
<TOTAL-LIABILITY-AND-EQUITY>                    71,985
<SALES>                                              0
<TOTAL-REVENUES>                                 2,686
<CGS>                                                0
<TOTAL-COSTS>                                    2,447
<OTHER-EXPENSES>                                  (44)
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                    275
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                275
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       275
<EPS-PRIMARY>                                      .30
<EPS-DILUTED>                                        0