ALL STATE PROPERTIES LP
10-Q/A, 1997-04-17
OPERATIVE BUILDERS
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                         ALL-STATE PROPERTIES L.P.
                          (A LIMITED PARTNERSHIP)
                   EXHIBIT 27 - FINANCIAL DATA SCHEDULE
           AS OF AND FOR THE PERIOD ENDED DECEMBER 31, 1996 AND
                            SEPTEMBER 30, 1996
                                 UNAUDITED



                                                SIX MONTHS     THREE MONTHS
                                                   ENDED          ENDED
                                                DECEMBER 31,   SEPTEMBER 30,
                                                    1996           1996

Cash                                           $      4,817    $      8,423
Receivables                                           3,485           2,930
Real estate held for sale and development            42,968         105,635
Total assets                                         55,843         121,833
Notes payable                                       487,597         528,886
Convertible subordinated debentures               2,400,723       2,384,452
Partners' deficit                                (3,915,359)     (3,846,590)
Total liabilities and partners' (deficit)            55,843         121,833
Net sales of real estate                            242,500         175,000
Total revenues                                      207,638         157,205
Cost of real estate sold                            177,761         108,419
Total cost and expenses                             268,902         149,700
Net income (loss)                                   (61,264)          7,505
Income (loss) per partnership unit                    (0.02)           0.00









                                  SIGNATURES 

Pursuant to the requirement of the Securities Exchange Act of 1934, Registrant
has  duly  caused this report to be signed on its behalf  by  the  undersigned
thereunto duly authorized.



                                       ALL-STATE PROPERTIES L.P.



                                    By:
                                            STANLEY R. ROSENTHAL
                                               General Partner






Dated: April 14, 1997    







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