SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
SCHEDULE 13D
under the Securities Exchange Act of 1934
(Amendment No. ___)
_______________________
SACRAMENTO HOTEL PARTNERS, L.P.
(Name of Issuer)
LIMITED PARTNERSHIP UNITS
(Title of Class
of Securities)
NONE
(CUSIP Number of Class
of Securities)
_______________________
David J. Heymann, Esq.
Ira Gaines Post & Heymann, LLP
P.O. Box 30280 100 Jericho Quadrangle, Suite 214
Phoenix, Arizona 85046 Jericho, New York 11753
(800) 832-2557 (516) 681-3636
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 1, 1996
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the
subject of this Schedule 13D, and is filing this schedule
because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for
other parties to whom copies are to be sent.
Page 1 of 5
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter disclosures
provided in a prior cover page.
The information required on the remainder of this cover shall
not be deemed to be "filed" for the purpose of Section 18 of
the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however,
see the Notes).( (
Page 2 of 5
__________________________________________________________________
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Ira Gaines
__________________________________________________________________
2. Check the Appropriate Box if a Member of a Group*
(a) [ ]
(b) [ ]
__________________________________________________________________
3. SEC Use Only
__________________________________________________________________
4. Sources of Funds*
PF; OO
__________________________________________________________________
5. Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(e) of 2(f)
[ ]
__________________________________________________________________
6. Citizenship or Place of Organization
Arizona
__________________________________________________________________
Number 7. Sole Voting Power 355 Units
of ______________________________________________
Shares 8. Shared Voting Power 0
Beneficially ______________________________________________
Owned by Each 9. Sole Dispositive Power 355 Units
Reporting ______________________________________________
Person With 10. Shared Dispositive Power 0 Units
__________________________________________________________________
11. Aggregate Amount Beneficially Owned by Each Reporting Person
355 Units
__________________________________________________________________
12. Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares*
[ ]
__________________________________________________________________
13. Percent of Class Represented by Amount in Row (11)
9%
__________________________________________________________________
14. Type of Reporting Person*
IN
__________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 5
Item 1. Security and Issuer.
This statement on Schedule 13D relates to limited partnership units
("Units") of Sacramento Hotel Partners, L.P., a California limited
partnership (the "Issuer"). The principal executive offices of the
Issuer are located at 5525 Oakdale Avenue, Woodland Hills,
California 91364.
Item 2. Identity and Background.
This statement is being filed by Ira Gaines, an individual, with a
business address at P.O. Box 30280, Phoenix, Arizona 85046. Mr.
Gaines' principal occupation is investing in limited partnership
units for his own account. During the last five years Mr. Gaines
has not been (i) convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors) or (ii) a party to
a civil proceeding or a judicial or administrative body of
competent jurisdiction as a result of such proceeding was or is
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activitiesn subject to,
federal or state securities laws or finding any violation with respect to
such laws. Mr. Gaines is a citizen of the United States of America.
Item 3. Source and Amount of Funds of Other Consideration.
The Units purchased by Mr. Gaines were pursuant to private transactions.
Except for 15 Units, the source of the funds needed to acquire the
Units were provided from Mr. Gaines personal funds. With respect to
the other 15 Units, the source of funds were from the Paradise Wire
and Cable Defined Benefit Pension Plan ("Paradise") as to 5 Units and
Sunshine Wire and Cable Defined Benefit Pension Plan ("Sunshine")
as to 10 Units. Mr. Gaines is the trustee and sole beneficiary under
these plans.
Item 4. Purpose of Transaction.
Mr. Gaines acquired the Units with a view towards making a profit.
Mr. Gaines reserves the right to and expects to continue to acquire
Units through privately negotiated secondary market transactions.
Any such acquisitions may be at prices higher or lower than those
previously paid by Mr. Gaines. At present, Mr. Gaines has no intention
to dispose of a significant amount of his Units.
Item 5. Interest of Securities of the Issuer.
(a) Mr. Gaines owns 340 Units. Paradise owns 5 Units and Sunshine owns
10 Units. As a result of Mr. Gaines being the sole trustee and
beneficiary of Paradise and Sunshine may be deemed to beneficially own
the 15 Units owned in the aggregate by Paradise and Sunshine. Mr. Gaines,
Paradise and Sunshine own in the aggregate 355 Units or 11.83% of the
total Units outstanding.
(b) Mr. Gaines has sole power to vote and dispose of the 340 Units owned
by him as well as the 5 Units owned by Paradise and the 10 Units owned by
Sunshine.
(c) The following sets forth the dates and number of Units acquired by
Mr. Gaines on such dates. All Units were acquired through privately
negotiated transactions on the secondary market. All Units acquired in
1995 were acquired at a purchase price of $325 per Unit and all Units
acquired in 1996 were acquired at a purchase price of $450 per Unit:
Date Number of Units Acquired
8/95 24
10/95 118
12/95 7
2/96 20
3/96 36
4/96 28
5/96 20
6/96 5
7/96 79
8/96 10
10/96 8
(d) Not applicable
(e) Not applicable
Page 4 of 5
Item 6. Contracts, Arrangement, Understandings or Relationships With
Respect to Securities of the Issuer.
None
Item 7. Materials to be Filed as Exhibits.
None
Page 5 of 5
Signatures
After reasonable inquiry and to the best of his knowledge and belief,
the undersigned certifies that the information set forth in this statement
is true, complete and correct.
Date: March 24, 1996
/S/ Ira Gaines
____________________
Ira Gaines
