UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
QUIGLEY, JAMES E. 3RD
7 TALL OAKS DRIVE
KINGSTON, NY 12401
USA
2. Date of Event Requiring Statement (Month/Day/Year)
01/22/97
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
PACIFIC GULF PROPERTIES INC.
PAG
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
DIRECTOR
6. If Amendment, Date of Original (Month/Day/Year)
01/23/97
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Beneficially Owned |
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1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
| Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | |
| Owned | Indirect(I) | |
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<S> <C> <C> <C>
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<CAPTION>
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Table II -- Derivative Securitites Beneficially Owned |
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1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership |
| Expiration | Securities | |exercise |Form of | |
| Date(Month/ |-----------------------|---------|price of |Deriv- | |
| Day/Year) | |Amount |deri- |ative | |
| Date | Expira- | |or |vative |Security: | |
| Exer- | tion | Title |Number of|Security |Direct(D) or | |
| cisable | Date | |Shares | |Indirect(I) | |
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<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock O|(1) |01/21/07 |Common Stock |2,500 shr|$22.125 |D | |
ption | | | |s | | | |
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(Right to Buy) | | | | | | | |
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</TABLE>
Explanation of Responses:
(1) Non-employee director stock option granted pursuant to Article VII of the
Pacific Gulf Properties Inc. 1993 Share
Option Plan. The stock option is presently exercisable in
full.
SIGNATURE OF REPORTING PERSON
JAMES E. QUIGLEY 3RD
DATE
FEBRUARY 26, 1997
