QSR INCOME PROPERTIES LTD
15-12G, 1997-11-14
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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                               UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                                  FORM 15

          CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION
         UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934
        OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND
               15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.


                                          Commission File Number   0-15802 
                                                                  ---------

       QSR Income Properties, Ltd., a California Limited Partnership
       -------------------------------------------------------------
           (Exact name of registrant as specified in its charter)

                             701 Western Avenue
              Glendale, California 91203-1241, (818) 244-8080
        -------------------------------------------------------------
       (Address, including zip code, and telephone number, including
          area code, of registrant's principal executive offices)

                   Units of Limited Partnership Interest
           ------------------------------------------------------
          (Title of each class of securities covered by this Form)

                                    N/A
       -------------------------------------------------------------
       (Titles of all other classes of securities for which a duty to
             file reports under section 13(a) or 15(d) remains)


     Please place an X in the box(es) to designate, the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

     Rule 12g-4(a)(1)(i)   [X]    Rule 12h-3(b)(1)(i)   [X]
     Rule 12g-4(a)(1)(ii)  [_]    Rule 12h-3(b)(1)(ii)  [_]
     Rule 12g-4(a)(2)(i)   [_]    Rule 12h-3(b)(2)(i)   [_]
     Rule 12g-4(a)(2)(ii)  [_]    Rule 12h-3(b)(2)(ii)  [_]
                                  Rule 15d-6            [_]

     Approximate number of holders of record as of the certification or
notice date:   -0- holders of record of units of limited partnership
               interest

     Pursuant to the requirements of the Securities Exchange Act of 1934
              QSR Income Properties, Ltd., a California Limited Partnership
              -------------------------------------------------------------
                      (Name of registrant as specified in charter)         
has caused this certification/notice to be signed on its behalf by the
undersigned duly authorized person.


Date:  November 14, 1997              By:  /S/ B. WAYNE HUGHES
                                          --------------------------------
                                          B. Wayne Hughes, General Partner


Instruction:  This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934. 
The registrant shall file with the Commission three copies of Form 15, one
of which shall be manually signed.  It may be signed by an officer of the
registrant, by counsel or by any other duly authorized person.  The name
and title of the person signing the form shall be typed or printed under
the signature.




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