<ARTICLE>                             5
<LEGEND>
This schedule  contains  summary  financial  information  extracted from ANGELES
INCOME  PROPERTIES,  LTD. III 2000 Third Quarter  10-QSB and is qualified in its
entirety by reference to such 10-QSB filing.

<CIK>                                 0000720460
<NAME>                                ANGELES INCOME PROPERTIES, LTD. III
<MULTIPLIER>                                              1,000

                                     
<PERIOD-TYPE>                         9-MOS
<FISCAL-YEAR-END>                     DEC-31-2000
<PERIOD-START>                        JUL-01-2000
<PERIOD-END>                          SEP-30-2000
<CASH>                                                      275
<SECURITIES>                                                  0
<RECEIVABLES>                                                 0
<ALLOWANCES>                                                  0
<INVENTORY>                                                   0
<CURRENT-ASSETS>                                              0 
<PP&E>                                                    4,955
<DEPRECIATION>                                           (3,323)
<TOTAL-ASSETS>                                            1,943
<CURRENT-LIABILITIES>                                         0 
<BONDS>                                                       0
<PREFERRED-MANDATORY>                                         0
<PREFERRED>                                                   0
<COMMON>                                                      0
<OTHER-SE>                                                1,800
<TOTAL-LIABILITY-AND-EQUITY>                              1,943
<SALES>                                                       0
<TOTAL-REVENUES>                                            706
<CGS>                                                         0
<TOTAL-COSTS>                                                 0
<OTHER-EXPENSES>                                            597
<LOSS-PROVISION>                                              0
<INTEREST-EXPENSE>                                            0
<INCOME-PRETAX>                                               0
<INCOME-TAX>                                                  0
<INCOME-CONTINUING>                                           0
<DISCONTINUED>                                              (50)
<EXTRAORDINARY>                                               0
<CHANGES>                                                     0
<NET-INCOME>                                                 59
<EPS-BASIC>                                                0.67 
<EPS-DILUTED>                                                 0

<F1> Registrant has an unclassified balance sheet. <F2> Multiplier is 1.