<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the Angeles Income Properties Ltd. IV 1995 Second Quarter 10-QSB and is qualified in its entirety by reference to such 10-QSB filing. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1995 <CASH> 2,901,850 <SECURITIES> 0 <RECEIVABLES> 317,250 <ALLOWANCES> 73,120 <INVENTORY> 0 <CURRENT-ASSETS> 3,269,747 <PP&E> 22,555,123 <DEPRECIATION> (9,897,536) <TOTAL-ASSETS> 17,947,795 <CURRENT-LIABILITIES> 116,550 <BONDS> 14,612,020 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (13,359,023) <TOTAL-LIABILITY-AND-EQUITY> 17,947,795 <SALES> 0 <TOTAL-REVENUES> 1,797,321 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,938 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 745,906 <INCOME-PRETAX> 1,583,210 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,583,210 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,583,210 <EPS-PRIMARY> 11.78 <EPS-DILUTED> 0