<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