<PAGE> PAGE 1
000 B000000 10/31/96
000 C000000 0000902722
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 BLACKROCK CALIFORNIA INVESTMENT QUALITY MUNI
001 B000000 811-7664
001 C000000 2013677501
002 A000000 GATEWAY CENTER THREE, 100 MULBERRY ST
002 B000000 NEWARK
002 C000000 NJ
002 D010000 07102
002 D020000 4077
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 BLACKROCK FINANCIAL MANAGEMENT, INC.
008 B000001 A
008 C000001 801-32183
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10154
010 A000001 PRUDENTIAL MUTUAL FUND MANAGEMENT LLC
010 B000001 811-31104
010 C010001 NEWARK
010 C020001 NJ
010 C030001 07102
010 C040001 4077
011 A000001 COWEN & COMPANY
011 B000001 8-1682
011 C010001 NEW YORK
011 C020001 NY
011 C030001 00000
011 A000002 CROWELL, WEEDON & CO.
<PAGE> PAGE 2
011 B000002 8-3710
011 C010002 LOS ANGELES
011 C020002 CA
011 C030002 90017
011 A000003 KEMPER SECURITIES, INC.
011 B000003 8-37180
011 C010003 NEW YORK
011 C020003 NY
011 C030003 00000
011 A000004 SUTRO & CO. INC.
011 B000004 8-15491
011 C010004 NEW YORK
011 C020004 NY
011 C030004 00000
011 A000005 PRUDENTIAL SECURITIES INCORPORATED
011 B000005 8-27154
011 C010005 NEW YORK
011 C020005 NY
011 C030005 10292
011 A000006 KIDDER, PEABODY & CO.
011 B000006 8-4831
011 C010006 NEW YORK
011 C020006 NY
011 C030006 10005
011 A000007 A.G. EDWARDS & SONS, INC.
011 B000007 8-13580
011 C010007 ST. LOUIS
011 C020007 MO
011 C030007 00000
011 A000008 LEHMAN BROTHERS, INC.
011 B000008 8-12324
011 C010008 NEW YORK
011 C020008 NY
011 C030008 10285
012 A000001 BOSTON EQUISERVE L.P.
012 B000001 84-0000000
012 C010001 CANTON
012 C020001 MA
012 C030001 02021
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10281
013 B040001 1434
015 A000001 STATE STREET BANK & TRUST CO.
015 B000001 C
015 C010001 NORTH QUINCY
015 C020001 MA
015 C030001 02171
015 E010001 X
018 000000 Y
<PAGE> PAGE 3
019 A000000 Y
019 B000000 21
019 C000000 BLACKROCK.
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 SMITH BARNEY, INC.
022 B000001 13-1912900
022 C000001 4957
022 D000001 3925
022 A000002 JOHN HANCOCK CLEARING CORP.
022 B000002 06-1246277
022 C000002 2928
022 D000002 2831
022 A000003 PRUDENTIAL SECURITIES INCORPORATED
022 B000003 22-2347336
022 C000003 951
022 D000003 1476
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004 1173
022 D000004 1131
022 A000005 SEATTLE NORTHWEST SECURITIES CORP.
022 B000005 91-1172183
022 C000005 1144
022 D000005 1104
022 A000006 U.S. CLEARING CORP.
022 B000006 13-2967453
022 C000006 959
022 D000006 1011
022 A000007 RAYMOND JAMES & ASSOC, INC.
022 B000007 59-1237041
022 C000007 976
022 D000007 970
022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000008 13-5674085
022 C000008 990
022 D000008 947
022 A000009 MORGAN STANLEY & CO. INCORPORATED
022 B000009 13-2655998
022 C000009 1551
022 D000009 0
022 A000010 PAINEWEBBER INC.
<PAGE> PAGE 4
022 B000010 13-2638166
022 C000010 200
022 D000010 1300
023 C000000 15829
023 D000000 16652
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
<PAGE> PAGE 5
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
035 000000 0
036 B000000 0
038 000000 0
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.350
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
<PAGE> PAGE 6
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 0
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 150.7
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 11.3
064 A000000 N
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
<PAGE> PAGE 7
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 15629
071 B000000 15353
071 C000000 21253
071 D000000 72
072 A000000 12
072 B000000 1288
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 76
072 G000000 22
072 H000000 0
072 I000000 10
<PAGE> PAGE 8
072 J000000 1
072 K000000 0
072 L000000 17
072 M000000 12
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 10
072 S000000 2
072 T000000 0
072 U000000 3
072 V000000 0
072 W000000 46
072 X000000 199
072 Y000000 0
072 Z000000 1089
072AA000000 206
072BB000000 175
072CC010000 299
072CC020000 0
072DD010000 810
072DD020000 0
072EE000000 0
073 A010000 1.0500
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0100
074 A000000 0
074 B000000 0
074 C000000 0
074 D000000 21546
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 328
074 M000000 4
074 N000000 21878
074 O000000 0
074 P000000 8
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 74
074 S000000 7500
074 T000000 14296
<PAGE> PAGE 9
074 U010000 1007
074 U020000 0
074 V010000 14.20
074 V020000 0.00
074 W000000 0.0000
074 X000000 68
074 Y000000 0
075 A000000 0
075 B000000 13996
076 000000 13.50
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 VIGILANT INSURANCE CO-MEMBER OF THE CHUBB GRP
080 C000000 59100
081 A000000 Y
081 B000000 28
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 1007
086 A020000 14011
086 B010000 0
086 B020000 0
086 C010000 150
086 C020000 7312
086 D010000 0
086 D020000 0
086 E010000 0
<PAGE> PAGE 10
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 COMMON STOCK
087 A020000 092-470107
087 A030000 RAA
087 B010000 PREFERRED STOCK
087 B020000 092-470206
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 Y
SIGNATURE HENRY GABBAY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000902722
<NAME> THE BLACKROCK CALIFORNIA INVESTMENT QUALITY MUNICIPALTRUST INC.
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> Oct-31-1996
<PERIOD-END> Oct-31-1996
<INVESTMENTS-AT-COST> 20,526,316
<INVESTMENTS-AT-VALUE> 21,546,188
<RECEIVABLES> 328,004
<ASSETS-OTHER> 3,687
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 21,877,879
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 81,797
<TOTAL-LIABILITIES> 81,797
<SENIOR-EQUITY> 7,500,000
<PAID-IN-CAPITAL-COMMON> 13,907,174
<SHARES-COMMON-STOCK> 1,007,093
<SHARES-COMMON-PRIOR> 1,007,093
<ACCUMULATED-NII-CURRENT> 184,623
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (815,587)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,019,872
<NET-ASSETS> 14,296,082
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,287,744
<OTHER-INCOME> 0
<EXPENSES-NET> 198,730
<NET-INVESTMENT-INCOME> 1,089,014
<REALIZED-GAINS-CURRENT> 32,195
<APPREC-INCREASE-CURRENT> 298,978
<NET-CHANGE-FROM-OPS> 1,420,187
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,050,802)
<DISTRIBUTIONS-OF-GAINS> (18,982)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 350,403
<ACCUMULATED-NII-PRIOR> 1,062,204
<ACCUMULATED-GAINS-PRIOR> 156,926
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 97,267
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 198,730
<AVERAGE-NET-ASSETS> 13,996,000
<PER-SHARE-NAV-BEGIN> 13.85
<PER-SHARE-NII> 1.08
<PER-SHARE-GAIN-APPREC> 0.33
<PER-SHARE-DIVIDEND> (1.05)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 14.20
<EXPENSE-RATIO> 1.42
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
- 2 -
To the Board of Directors and Shareholders of
The BlackRock California Investment Quality
Municipal Trust Inc.:
In planning and performing our audit of the
financial statements of The BlackRock California
Investment Quality Municipal Trust Inc. for the
year ended October 31, 1996 (on which we have
issued our report dated December 6, 1996), we
considered its internal control structure,
including procedures for safeguarding securities,
in order to determine our auditing procedures for
the purpose of expressing our opinion on the
financial statements and to comply with the
requirements of Form N-SAR, not to provide
assurance on the internal control structure.
The management of The BlackRock California
Investment Quality Municipal Trust Inc. is
responsible for establishing and maintaining an
internal control structure. In fulfilling this
responsibility, estimates and judgments by
management are required to assess the expected
benefits and related costs of internal control
structure policies and procedures. Two of the
objectives of an internal control structure are to
provide management with reasonable, but not
absolute, assurance that assets are safeguarded
against loss from unauthorized use or disposition
and that transactions are executed in accordance
with management's authorization and recorded
properly to permit preparation of financial
statements in conformity with generally accepted
accounting principles.
Because of inherent limitations in any internal
control structure, errors or irregularities may
occur and not be detected. Also, projection of
any evaluation of the structure to future periods
is subject to the risk that it may become
inadequate because of changes in conditions or
that the effectiveness of the design and operation
may deteriorate.
Our consideration of the internal control
structure would not necessarily disclose all
matters in the internal control structure that
might be material weaknesses under standards
established by the American Institute of Certified
Public Accountants. A material weakness is a
condition in which the design or operation of the
specific internal control structure elements does
not reduce to a relatively low level the risk that
errors or irregularities in amounts that would be
material in relation to the financial statements
being audited may occur and not be detected within
a timely period by employees in the normal course
of performing their assigned functions. However,
we noted no matters involving the internal control
structure, including procedures for safeguarding
securities, that we consider to be material
weaknesses as defined above as of October 31,
1996.
This report is intended solely for the information
and use of management and the Securities and
Exchange Commission.
DELOITTE & TOUCHE LLP
Boston, Massachusetts
December 6, 1996