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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
SEC FILE NUMBER: 0-12166
CUSIP NUMBER: 589949106
NOTIFICATION OF LATE FILING
(Check One):
[X] Form 10-K and Form 10-KSB [_] Form 20-F [_] Form 11-K [_] Form 10-Q and
Form 10-QSB
[_] Form N-SAR
For Period Ended: December 31, 1997
_________________
[_] Transition Report on Form 10-K
[_] Transition Report on Form 20-F
[_] Transition Report on Form 11-K
[_] Transition Report on Form 10-Q
[_] Transition Report on Form N-SAR
For the Transition Period Ended: _________________________
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Nothing in this Form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification related to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
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Part I - Registrant Information
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Full Name of Registrant: MERIDIAN POINT REALTY TRUST `83
Former Name if Applicable: Sierra Real Estate Equity Trust `83
655 Montgomery St. Suite 800,
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Address of Principal Executive Office (Street and Number)
San Francisco, California 94111
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City, State and Zip Code
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Part II - Rules 12b-25 (b) and (c)
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If the subject report could not be filed without unreasonable effort or expense
and the Registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of this
Form could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K or Form N-SAR or portion thereof will be
filed on or before the fifteenth calendar day following the prescribed
due date; or the subject quarterly report or transition report on Form 10-
Q or portion thereof will be filed on or before the fifth calendar day
following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule 12b-
25(c) has been attached if applicable.
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Part III - Narrative
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State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof, could not be filed within the prescribed period.
The Registrant is currently in the process of making final revisions to
Items 1 through 14 of its Form 10-K for submission. The Company's
accountants have not completed their review of the Company's financial
statements and accordingly have not determined the final financial
presentation for the financial statements and other financial
information.
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Part IV - Other Information
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(1) Name and telephone number of person to contact in regard to this
notification
John E. Castello (415) 393-8000
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Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such
shorter period that the Registrant was required to file such
report(s) been filed? If the answer is no, identify report(s).
[X] Yes [_] No
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(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject
report or portion thereof?
[X] Yes [_] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the
reasons why a reasonable estimate of the results cannot be made.
Explanation
On August 21, 1997, the Company sold the Charleston property, the last property
remaining in its portfolio. The Company paid off the existing financing on the
Property, other expenses of the sale, and paid a dividend of $3.00 per share to
the shareholders. The remaining assets of the Company have basically been cash
or cash equivalents since that point. The board of trustees is in the process
of evaluating the options available, including the sale or liquidation of the
Company. The operations of the Company from August 21, 1997 will be
significantly different than when it was an operating company with real estate
investments.
MERIDIAN POINT REALTY TRUST `83
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(Name of Registrant as Specified in its Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: April 1, 1998
By /s/ John E. Castello
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Name: John E. Castello
Title: Senior Vice President
and Chief Financial Officer
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