<ARTICLE> 5
<LEGEND>
   THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
   CONSOLIDATED BALANCE SHEET AND CONSOLIDATED INCOME STATEMENT OF SANTA
   FE FINANCIAL CORPORATION SET FORTH IN ITS FORM 10-KSB REPORT FOR THE
   SIX MONTHS ENDED JUNE 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY
   REFERENCE TO SUCH 10-KSB REPORT.



<CIK> 0000086759
<NAME> SANTA FE FINANCIAL CORPORATION

                                         
<PERIOD-TYPE>                                      YEAR
<FISCAL-YEAR-END>                           JUN-30-2000
<PERIOD-START>                              JAN-01-2000
<PERIOD-END>                                JUN-30-2000
<CASH>                                            62617
<SECURITIES>                                   32538045
<RECEIVABLES>                                         0
<ALLOWANCES>                                          0
<INVENTORY>                                           0
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<PP&E>                                          4039083
<DEPRECIATION>                                    42287
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<CURRENT-LIABILITIES>                          23420159
<BONDS>                                               0
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                        6360
<COMMON>                                         127604
<OTHER-SE>                                     14329744
<TOTAL-LIABILITY-AND-EQUITY>                   44790404
<SALES>                                               0
<TOTAL-REVENUES>                                4424934
<CGS>                                                 0
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<OTHER-EXPENSES>                                1227863
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<INCOME-TAX>                                    1350438
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<NET-INCOME>                                    1433486
<EPS-BASIC>                                      1.17
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