<ARTICLE> 5
      <LEGEND>
      This schedule contains summary financial information extracted from
      Consolidated Capital Properties IV's 1995 Second Quarter 10-Q and is
      qualified in its entirety by reference to such financial statements.
      </LEGEND>
      <MULTIPLIER> 1,000
             
                                   
      <PERIOD-TYPE>                   6-MOS
      <FISCAL-YEAR-END>                                 DEC-31-1995
      <PERIOD-END>                    JUN-30-1995
      <CASH>                                  0
      <SECURITIES>                        7,279
      <RECEIVABLES>                       5,668
      <ALLOWANCES>                            0   
      <INVENTORY>                             0       
      <CURRENT-ASSETS>                   12,947
      <PP&E>                            122,828
      <DEPRECIATION>                     83,004 
      <TOTAL-ASSETS>                     58,590
      <CURRENT-LIABILITIES>               2,880
      <BONDS>                            72,271    
      <COMMON>                                0
      <PREFERRED-MANDATORY>                   0
      <PREFERRED>                             0
      <OTHER-SE>                        (16,561)
      <TOTAL-LIABILITY-AND-EQUITY>       58,590
      <SALES>                                 0  
      <TOTAL-REVENUES>                   13,435
      <CGS>                                   0
      <TOTAL-COSTS>                           0
      <OTHER-EXPENSES>                   13,731
      <LOSS-PROVISION>                        0
      <INTEREST-EXPENSE>                  3,293
      <INCOME-PRETAX>                         0 
      <INCOME-TAX>                            0
      <INCOME-CONTINUING>                     0 
      <DISCONTINUED>                          0
      <EXTRAORDINARY>                       250  
      <CHANGES>                               0
      <NET-INCOME>                          (46)
      <EPS-PRIMARY>                          (.13)
      <EPS-DILUTED>                           0