<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Essex Portfolio, L.P. report for the year ended December 31, 1999. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 29,564 <SECURITIES> 0 <RECEIVABLES> 22,655 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 55,714 <PP&E> 1,049,490 <DEPRECIATION> 96,605 <TOTAL-ASSETS> 1,062,313 <CURRENT-LIABILITIES> 47,221 <BONDS> 384,108 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 623,603 <TOTAL-LIABILITY-AND-EQUITY> 1,062,313 <SALES> 0 <TOTAL-REVENUES> 146,045 <CGS> 0 <TOTAL-COSTS> 67,856 <OTHER-EXPENSES> 4,829 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 21,268 <INCOME-PRETAX> 61,067 <INCOME-TAX> 0 <INCOME-CONTINUING> 61,067 <DISCONTINUED> 0 <EXTRAORDINARY> 214 <CHANGES> 0 <NET-INCOME> 60,853 <EPS-BASIC> 2.42 <EPS-DILUTED> 2.37