SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                      ------------------------------------


                                SCHEDULE 14D-9/A

               SOLICITATION/RECOMMENDATION STATEMENT PURSUANT TO
            SECTION 14(d)(4) OF THE SECURITIES EXCHANGE ACT OF 1934


                               (AMENDMENT NO. 2)

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                       CONSOLIDATED CAPITAL PROPERTIES IV
                           (Name of Subject Company)


                       CONSOLIDATED CAPITAL PROPERTIES IV
                       (Name of Person Filing Statement)


                     UNITS OF LIMITED PARTNERSHIP INTEREST
                         (Title of Class of Securities)

                                      NONE
                     (Cusip Number of Class of Securities)

                      ------------------------------------


                            WILLIAM H. JARRARD, JR.
                                   PRESIDENT
                             CONCAP EQUITIES, INC.
                          ONE INSIGNIA FINANCIAL PLAZA
                        GREENVILLE, SOUTH CAROLINA 29602
                                 (864) 239-2747
                 (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications
                  on Behalf of the Person(s) Filing Statement)













         This Amendment No. 2 amends and supplements the
Solicitation/Recommendation Statement on Schedule 14D-9 originally filed with
the Commission on August 28, 1997, as amended by Amendment No. 1 filed with the
Commission on September 15, 1997 (the "Statement") by Consolidated Capital
Properties IV, a California limited partnership (the "Partnership"), relating
to the tender offer by IPLP Acquisition I LLC (the "Purchaser") to purchase up
to 85,000 of the outstanding units of limited partnership interest ("Units") in
the Partnership, at $140.00 per Unit, net to the seller in cash, upon the terms
and subject to the conditions set forth in the Offer to Purchase dated August
28, 1997 (the "Offer to Purchase") and the related Assignment of Partnership
Interest (which, together with any supplements or amendments, collectively
constitute the "Offer") attached as Exhibits (a)(1) and (a)(2), respectively,
to the Tender Offer Statement on Schedule 14D-1 originally filed with
Commission by the Purchaser on August 28, 1997. Capitalized terms used but not
defined herein have the meanings ascribed to them in the Statement.



ITEM 8.  ADDITIONAL INFORMATION TO BE FURNISHED.

         On Wednesday, September 24, 1997, the Superior Court for the State of
California, San Mateo County denied an ex parte application made by plaintiffs
in the Kline Complaint seeking a temporary restraining order prohibiting the
Purchaser from purchasing Units pursuant to the Offer.

         The Offer has been extended to 5:00 p.m., New York time, on Tuesday,
September 30, 1997.



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                                   SIGNATURE


         After due inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Dated:  September 26, 1997


                                 CONSOLIDATED CAPITAL PROPERTIES IV


                                       By:   CONCAP EQUITIES, INC.,
                                             its General Partner


                                       By:    /s/ WILLIAM H. JARRARD, JR.
                                             ----------------------------------
                                             William H. Jarrard, Jr.
                                             President





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