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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 g+ssamdUM8G8eAQalGpVdg==

<SEC-DOCUMENT>0000935808-04-000002.txt : 20040105
<SEC-HEADER>0000935808-04-000002.hdr.sgml : 20040105
<ACCEPTANCE-DATETIME>20040105123054
ACCESSION NUMBER:		0000935808-04-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040101
FILED AS OF DATE:		20040105

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUBLIC STORAGE PROPERTIES LTD
		CENTRAL INDEX KEY:			0000202953
		STANDARD INDUSTRIAL CLASSIFICATION:	LESSORS OF REAL PROPERTY, NEC [6519]
		IRS NUMBER:				953196912
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		701 WESTERN AVE
		STREET 2:		SUITE 200
		CITY:			GLENDALE
		STATE:			CA
		ZIP:			91201-2397
		BUSINESS PHONE:		(818) 244-8080

	MAIL ADDRESS:	
		STREET 1:		701 WESTERN AVE
		STREET 2:		SUITE 200
		CITY:			GLENDALE
		STATE:			CA
		ZIP:			91201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HUGHES B WAYNE ET AL
		CENTRAL INDEX KEY:			0000935808
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08667
		FILM NUMBER:		04502836

	BUSINESS ADDRESS:	
		STREET 1:		701 WESTERN AVE
		STREET 2:		SUITE 200
		CITY:			GLENDALE
		STATE:			CA
		ZIP:			91201-2397
		BUSINESS PHONE:		(818) 244-8080

	MAIL ADDRESS:	
		STREET 1:		701 WESTERN AVE
		STREET 2:		SUITE 200
		CITY:			GLENDALE
		STATE:			CA
		ZIP:			91201
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>psp3form4010104_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2004-01-01</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000202953</issuerCik>
        <issuerName>PUBLIC STORAGE PROPERTIES LTD</issuerName>
        <issuerTradingSymbol>None</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000935808</rptOwnerCik>
            <rptOwnerName>HUGHES B WAYNE ET AL</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>701 WESTERN AVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GLENDALE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91201-2349</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>0</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>1</isTenPercentOwner>
         <isOther>1</isOther>
         <otherText>INDIVIDUAL GENERAL PARTNER</otherText>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>UNITS OF LIMITED PARTNERSHIP INTEREST</value>
      </securityTitle>
      <transactionDate>
         <value>2004-01-01</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>P</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>20</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>800</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>176</value>
            <footnoteId id="F1"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>-</value>
            <footnoteId id="F2"/>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
 </nonDerivativeTable>
   <footnotes>
      <footnote id="F1"> Does not include 6,025 units owned by H-G Family Corporation, a corporation of which the Reporting Person's children are shareholders.  H-G Family Corporation is the successor of B. Wayne Hughes Marina Corporation II as owner of units of Public Storage Properties, Ltd., a California limited partnership.</footnote>

      <footnote id="F2"> By PS Orangeco Partnerships, Inc., a corporation of which the Reporting Person is a shareholder.  PS Orangeco Partnerships, Inc. is the successor of PS Orangeco, Inc. as owner of units of Public Storage Properties, Ltd., a California limited partnership.  Does not include 539 units now reported as owned by Public Storage, Inc.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>/s/David Goldberg (Attorney-in-Fact)</signatureName>
      <signatureDate>2004-01-05</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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