UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, DC.  20549

                            FORM 10-Q

(Mark One)

[X]  QUARTERLY  REPORT PURSUANT TO SECTION 13  OR  15(d)  OF  THE
SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended         September 30, 2001
                               ----------------------------------

                               or

[   ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)  OF  THE
SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______________ to _______________

Commission file number                 0-14645
                        -----------------------------------------

                DIVERSIFIED HISTORIC INVESTORS II
-----------------------------------------------------------------
    (Exact name of registrant as specified in its charter)

Pennsylvania                                        23-2361261
--------------                                  -----------------
(State or other jurisdiction of                 (I.R.S. Employer
incorporation or organization)                 Identification No.)

           1521 Locust Street, Philadelphia, PA   19102
-----------------------------------------------------------------
     (Address of principal executive offices)    (Zip Code)

Registrant's telephone number, including area code (215) 557-9800
                                                   --------------

                              N/A
-----------------------------------------------------------------
(Former name, former address and former fiscal year, if changed
since last report)

Indicate  by check mark whether the Registrant (1) has filed  all
reports  required  to be filed by Section  13  or  15(d)  of  the
Securities  Exchange Act of 1934 during the preceding  12  months
(or  for such shorter period that the Registrant was required  to
file  such  reports),  and (2) has been subject  to  such  filing
requirements for the past 90 days.      Yes    X    No
                                            ------     ------

<PAGE>



                    PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.


                   DIVERSIFIED HISTORIC INVESTORS II
                 (a Pennsylvania limited partnership)

                      CONSOLIDATED BALANCE SHEETS
                      ---------------------------

                                Assets

                                  September 30,    December 31,
                                      2001             2000
                                      ----             ----
                                   (Unaudited)
Rental properties, at cost:
 Land                           $   847,082      $   934,582
 Buildings and improvements      38,847,686       41,596,269
 Furniture and fixtures           3,618,007        3,633,054
                                -----------      -----------
                                 43,312,775       46,163,905
Less - accumulated depreciation (24,231,547)     (24,737,850)
                                -----------      -----------
                                 19,081,228       21,426,055
Cash and cash equivalents            36,086           23,681
Restricted cash                   2,015,468        1,767,238
Accounts and notes receivable       194,672          200,441
Other assets (net of amortization
 of $477,313 and $445,407)        1,787,135        1,657,299
                                -----------      -----------
     Total                      $23,114,589      $25,074,714
                                ===========      ===========

                   Liabilities and Partners' Equity

Liabilities:
 Debt obligations               $32,760,523      $33,792,649
 Accounts payable:
  Trade                           3,765,270        3,681,307
  Related parties                 2,701,034        2,879,080
Interest payable                 13,980,767       13,260,609
Accrued liabilities               1,570,265        1,490,592
Tenant security deposits            295,781          277,730
                                -----------      -----------
     Total liabilities           55,073,640       55,381,967
Partners' deficit               (31,959,051)     (30,307,253)
                                -----------      -----------
     Total                      $23,114,589      $25,074,714
                                ===========      ===========

The accompanying notes are an integral part of these financial statements.

<PAGE>

                   DIVERSIFIED HISTORIC INVESTORS II
                 (a Pennsylvania limited partnership)

                 CONSOLIDATED STATEMENTS OF OPERATIONS
                 -------------------------------------
                              (Unaudited)

                         Three months                Nine months
                      ended September 30,        ended September 30,
                      2001           2000        2001           2000
                      ----           ----        ----           ----
Revenues:
 Rental income    $1,372,966    $1,410,214   $4,039,395    $4,090,660
 Hotel income        352,119       289,583    1,197,037       969,744
 Interest income      13,517         1,327       32,865         6,957
                   ---------    ----------   ----------    ----------
  Total revenues   1,738,602     1,701,124    5,269,297     5,067,361
                   ---------    ----------   ----------    ----------

Costs and expenses:
 Rental operations   549,855       555,776    1,530,007     1,709,418
 Hotel operations    288,611       611,838      931,773     1,156,165
 General and
  administrative           0        49,500            0       148,500
 Interest          1,128,846       829,216    3,190,325     2,638,987
 Depreciation and
  amortization       439,377       458,261    1,337,448     1,340,800
                   ---------    ----------   ----------    ----------
  Total costs and
   expenses        2,406,689     2,504,591    6,989,553     6,993,870
                   ---------    ----------   ----------    ----------
Net loss
 extraordinary
 item              ($668,087)    ($803,467) ($1,720,256)  ($1,926,509)
Extraordinary gain
 on extinguishment
 of debt                   0             0       68,458             0
                   ---------    ----------   ----------    ----------
Net loss          ($ 668,087)  ($  803,467) ($1,651,798)  ($1,926,509)
                   =========    ==========   ==========    ==========
Net loss per
limited
partnership unit:
Before
 extraordinary
 item             ($   32.12)  ($    38.63)  ($   82.69)  ($    92.61)
Extraordinary item         0             0         3.29             0
                   ---------    ----------   ----------    ----------
Net loss per
 Limited
 Partnership unit: ($  32.12)  ($    38.63)  ($   79.40)  ($    92.61)
                    ========    ==========    =========    ==========

The accompanying notes are an integral part of these financial statements.

<PAGE>
                   DIVERSIFIED HISTORIC INVESTORS II
                 (a Pennsylvania limited partnership)

                 CONSOLIDATED STATEMENTS OF CASH FLOWS
                 -------------------------------------
                              (Unaudited)

                                              Nine months ended
                                                September 30,
                                              2001         2000
                                              ----         ----

Cash flows from operating activities:
 Net loss                               ($1,651,798) ($1,926,509)
 Adjustments to reconcile net loss to
  net cash used in operating activities:
  Depreciation and amortization           1,337,447    1,340,800
  Extraordinary gain on extinguishment
   of debt                                  (68,458)           0
 Changes in assets and liabilities:
  Increase in restricted cash              (248,230)  (1,028,721)
  Decrease (increase) in accounts
   receivable                                 5,769       (5,228)
  Increase in other assets                 (167,825)     (51,619)
  Increase in accounts payable - trade       83,963      259,689
  Increase in accounts payable -
   related parties                           73,205      196,721
  Increase in interest payable              720,157      911,673
  Increase in accrued liabilities            79,672       76,955
  Increase in tenant security deposits       18,051       21,970
                                         ----------   ----------
 Net cash provided by (used in)
  operating activities                      181,953     (204,269)
                                         ----------   ----------
Cash flows from investing activities:
 Capital expenditures                      (201,551)      (1,800)
                                         ----------   ----------
Net cash used in investing activities      (201,551)      (1,800)
                                         ----------   ----------
Cash flows from financing activities:
 Borrowings under debt obligations          147,972      279,602
 Principal payments under
  debt obligations                         (115,969)     (47,801)
                                         ----------   ----------
 Net cash provided by
  financing activities                       32,003      231,801
                                         ----------   ----------
Increase in cash and cash equivalents        12,405       25,732
Cash and cash equivalents at beginning
 of period                                   23,681       38,110
                                         ----------   ----------
Cash and cash equivalents at end of
 period                                  $   36,086   $   63,842
                                         ==========   ==========

The accompanying notes are an integral part of these financial statements.

<PAGE>

                   DIVERSIFIED HISTORIC INVESTORS II
                 (a Pennsylvania limited partnership)

              NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
              ------------------------------------------
                              (Unaudited)


NOTE 1 - BASIS OF PRESENTATION

The   unaudited  consolidated  financial  statements  of   Diversified
Historic  Investors II (the "Registrant") and related notes have  been
prepared  pursuant to the rules and regulations of the Securities  and
Exchange  Commission.  Accordingly, certain information  and  footnote
disclosures  normally  included in financial  statements  prepared  in
accordance  with  generally accepted accounting principles  have  been
omitted  pursuant  to  such rules and regulations.   The  accompanying
consolidated financial statements and related notes should be read  in
conjunction with the audited financial statements, and notes  thereto,
in Form 10-K of the Registrant, for the year ended December 31, 2000.

The  information furnished reflects, in the opinion of management, all
adjustments, consisting of normal recurring accruals, necessary for  a
fair presentation of the results of the interim periods presented.

NOTE 2 - EXTRAORDINARY GAIN

Effective as of March, 22 2002 Washington Square was foreclosed by the
holder  of  the mortgage and the judgment. As a result, the Registrant
recognized an extraordinary gain on the extinguishment of debt in  the
amount  of  $68,458 which is the difference between the  debt  of  the
property and the net book value of the assets.

NOTE 3 - SUBSEQUENT EVENT

The  Registrant  has determined that it is insolvent because  (i)  the
amount  of its liabilities exceeds the fair market value of its assets
and  (ii)  it  is  unable  to  pay  its  debts  as  they  become  due.
Accordingly,  pursuant  to its partnership agreement,  Registrant  has
begun the process of dissolution. In connection therewith, on June 30,
2003,  the Registrant transferred its interest in Tindeco Wharf to  an
affiliate  of  the owner of the second mortgage loan  secured  by  the
property  of  Tindeco Wharf. At transfer, the liabilities  of  Tindeco
Wharf exceeded the value of Registrant's interest in Tindeco Wharf. In
exchange  for such interest, Registrant's cost of dissolution,  up  to
$100,000, will be paid by the holder of such second mortgage loan.


Item 2.   Management's Discussion and Analysis of
          Financial Condition and Results of Operations.

          (1)  Liquidity

             As of September 30, 2001, Registrant had cash of $36,086.
Cash  generated  from operations is used primarily to  fund  operating
expenses  and  debt service.  If cash flow proves to be  insufficient,
the  Registrant will attempt to negotiate loan modifications with  the
various  lenders  in order to remain current on all obligations.   The
Registrant is not aware of any additional sources of liquidity.

              As of September 30, 2001, Registrant had restricted cash
of $2,015,468 consisting primarily of funds held as security deposits,
replacement  reserves  and  escrows for taxes  and  insurance.   As  a
consequence  of the restrictions as to use, Registrant does  not  deem
these funds to be a source of liquidity.

               In recent years the Registrant has realized significant
losses,  including  the  foreclosure of two  properties,  due  to  the
properties'  inability to generate sufficient cash flow to  pay  their
operating  expenses  and debt service. At the present  time,  the  two
remaining properties are able to pay their operating expenses and debt
service  but  it  is unlikely that any cash will be available  to  the
Registrant  to pay its general and administrative expenses. Washington
Square was foreclosed by the holder of the mortgage and a judgment  on
March 22, 2001. In the legal proceeding involving Morrison Clark  Inn,
if  Capital Bank executes its $1,800,000 judgment with respect to  the
Registrant, it is expected to have a significant adverse impact on the
Registrant  since  there is insufficient available  cash  to  pay  the
judgment.   Any such execution could result in a forced  sale  of  the
Registrant's  remaining  properties.  See  Part  II.  Item  1.   Legal
Proceedings.

                It  is the Registrant's intention to continue to  hold
the  remaining  properties until they can  no  longer  meet  the  debt
service  requirements (or, as described above, Capital  Bank  executes
its   judgment  against  the  Registrant),  and  the  properties   are
foreclosed, or the market value of the properties increases to a point
where  they  can be sold at a price which is sufficient to  repay  the
underlying indebtedness (principal plus accrued interest).

               In 2003, the Registrant determined that it is insolvent
because  (i)  the  amount of its liabilities exceeds the  fair  market
value  of  its assets and (ii) it is unable to pay its debts  as  they
become  due.  Accordingly,  pursuant  to  its  partnership  agreement,
Registrant  has  begun  the  process  of  dissolution.  In  connection
therewith,  on June 30, 2003, the Registrant transferred its  interest
in  Tindeco Wharf to an affiliate of the owner of the second  mortgage
loan  secured  by  the  property of Tindeco Wharf.  At  transfer,  the
liabilities  of  Tindeco  Wharf exceeded  the  value  of  Registrant's
interest in Tindeco Wharf. In exchange for such interest, Registrant's
cost  of  dissolution, up to $100,000, will be paid by the  holder  of
such second mortgage loan.

          (2)  Capital Resources

             Any capital expenditures needed are generally replacement
items  and  are  funded  out  of cash from operations  or  replacement
reserves,  if  any.  The Registrant is not aware of any factors  which
would cause historical capital expenditure levels not to be indicative
of  capital  requirements  in the future  and  accordingly,  does  not
believe  that  it  will have to commit material resources  to  capital
investment for the foreseeable future.

          (3)  Results of Operations

              During the third quarter of 2001, Registrant incurred  a
net loss of $668,087 ($32.12 per limited partnership unit) compared to
a  net loss of $803,467 ($38.63 per limited partnership unit) for  the
same  period  in  2000.   For  the first  nine  months  of  2001,  the
Registrant  incurred  a  net loss of $1,651,798  ($79.40  per  limited
partnership  unit)  compared to a net loss of $1,926,509  ($92.61  per
limited partnership unit) for the same period in 2000.

              Rental income decreased $37,248 from $1,410,214  in  the
third quarter of 2000 to $1,372,966 in the same period of 2001 and for
the  first  nine months decreased $51,265 from $4,090,660 of  2000  to
$4,039,395  in the same period of 2001. The decrease in rental  income
during  the  third quarter, and the first nine months is  due  to  the
foreclosure  of Washington Square on March 22, 2001, partially  offset
by  an  increase  in rental income at Tindeco Wharf. The  increase  in
rental  income  at  Tindeco  Wharf is  due  to  an  increase  in  both
residential and commercial rental rates.

             Hotel income increased $62,536 from $289,583 in the third
quarter  of 2000 to $352,119 in the same period in 2001.  The increase
in  hotel  income is due to an increase in average occupancy  (59%  to
65%).

              Hotel  income increased $227,293 from $969,744  for  the
first  nine months of 2000 to $1,197,037 for the same period in  2001.
The  increase  in  hotel income is due to a increase  in  the  average
occupancy (59% to 70%).

              Rental  operations  expense  decreased  by  $5,921  from
$555,776  in the third quarter of 2000 to $549,855 in the same  period
in  2001  and  decreased $179,411 from $1,709,418 for the  first  nine
months of 2000 to $1,530,007 for the same period in 2001. The decrease
in  maintenance  expense at Tindeco Wharf is  due  to  a  decrease  in
maintenance  service  and  supply combined with  a  decrease  in  non-
contract cleaning service.

             Hotel operations expense decreased $323,227 from $611,838
in  the  third quarter of 2000 to $288,611 in the same period in  2001
and  decreased $224,392 from $1,156,165 for the first nine  months  of
2000  to  $931,773 for the same period in 2001. The decrease in  hotel
operations expense at the River Street Inn/Factor's Walk is due  to  a
decrease in maintenance expense due to an overall decrease in  general
building repairs.

              Interest expense increased $299,630 from $829,216 in the
third  quarter of 2000 to $1,128,846 in the same period  in  2001  and
increased $551,338 from $2,638,987 for the first nine months  of  2000
to  $3,190,325 for the same period in 2001. The increase  in  interest
expense  is due to a decrease in the interest returned to the property
by  the  trustee  of the City of Baltimore refunding the  bonds.  This
decrease  corrects  prior  period errors  when  the  trustee  returned
interest in excess of what it should.

              Effective  as  of March 22, 2001 Washington  Square  was
foreclosed by the holder of the mortgage and a judgment. As a  result,
the  Registrant recognized an extraordinary gain on the extinguishment
of  debt in the amount of $68,458 which is the difference between  the
debt of the property and the net book value of the assets.

              Losses  incurred during the quarter at the  Registrant's
two  properties  were approximately $585,000 compared  to  a  loss  of
approximately  $660,000 at the Registrants three  properties  for  the
same  period  in  2000.   For  the first  nine  months  of  2001,  the
Registrant's   three  properties  incurred  a  loss  of  approximately
$1,460,000 compared to a loss of approximately $1,505,000 for the same
period in 2000.

              In  the third quarter of 2001, Registrant incurred a net
loss  of  $354,000 at Tindeco Wharf including $321,000 of depreciation
and  amortization  expense, compared to a loss of  $11,000,  including
$312,000 of depreciation and amortization expense in the third quarter
of 2000. For the first nine months of 2001, Registrant incurred a loss
of  $883,000  at Tindeco Wharf including $952,000 of depreciation  and
amortization  expense,  compared to a loss of $400,000  for  the  same
period  in  2000, including $911,000 of depreciation and  amortization
expense. The increase in the net loss from the third quarter  and  the
first  nine  months of 2000 to the same period in 2001 is  due  to  an
increase  in  both legal and accounting expense, management  fees  and
interest  expense,  partially  offset by  a  decrease  in  maintenance
expense  and an increase in rental income. The increase in  legal  and
accounting  expense  is due to an increase in services  rendered.  The
increase  in  management fees is due to an increase in rental  income.
The  increase in interest expense is due to a decrease in the interest
returned  to  the  property by the trustee of the  City  of  Baltimore
refunding  the bonds. This decrease corrects prior period errors  when
the trustee returns interest in excess of what it should. The decrease
in maintenance expense is due to a decrease in maintenance service and
supply, combined with a decrease in non-contract cleaning service. The
increase  in  rental income is due to an increase in both  residential
and commercial rental rates.

             On June 30, 2003, the Registrant transferred its interest
in  Tindeco Wharf to an affiliate of the owner of the second  mortgage
loan  secured  by  the  property of Tindeco Wharf.  At  transfer,  the
liabilities  of  Tindeco  Wharf exceeded  the  value  of  Registrant's
interest in Tindeco Wharf. In exchange for such interest, Registrant's
cost  of  dissolution, up to $100,000, will be paid by the  holder  of
such second mortgage loan.

              In the third quarter of 2001, Registrant incurred a loss
of  $231,000 at The River Street Inn/Factor's Walk including  $105,000
of  depreciation  expense, compared to a loss  of  $687,000  including
$92,000  of  depreciation expense in the third quarter  of  2000.  The
decrease in the loss from the third quarter of 2000 to the same period
in  2001  is due to an increase hotel and rental income and a decrease
in  maintenance expense. The increase in hotel income  is  due  to  an
increase  in  average occupancy (59% to 65%). The increase  in  rental
income  is  due  an increase in commercial rent per square  foot.  The
decrease  in  maintenance  expense is due to  a  decrease  in  general
building repairs made during 2001 compared to those made during 2000.

              For the first nine months of 2001, Registrant incurred a
loss  of  $656,000  at  The River Street Inn/Factor's  Walk  including
$315,000 of depreciation expense, compared to a loss of $1,093,000 for
the  same  period in 2000, including $297,000 of depreciation expense.
The  decrease in the loss from the first nine months of  2000  to  the
same  period  in  2001 is due to an increase in  hotel  income  and  a
decrease in maintenance expense. The increase in hotel income  is  due
to  an  increase  in average occupancy (59% to 70%). The  decrease  in
maintenance  expense  is due to a decrease in  building  repairs  made
during 2001 compared to those made during 2000.

           During the first nine months of 2001, Registrant recognized
net  income  at  Washington  Square of $79,000  including  $30,000  of
depreciation and amortization expense. Included in the income for  the
first  nine  months of 2001 is extraordinary income in the  amount  of
$68,458 related to the foreclosure of the property on March 22, 2001.


Item 3.   Quantitative and Qualitative Disclosures
          About Market Risk

             All of our assets and liabilities are denominated in U.S.
dollars, and as a result, we do not have exposure to currency exchange
risks.

              We  do not engage in any interest rate, foreign currency
exchange  rate  or  commodity price-hedging  transactions,  and  as  a
result, we do not have exposure to derivatives risk.


Item 4.    Controls and Procedures

              We  maintain disclosure controls and procedures that are
designed  to ensure that information required to be disclosed  in  our
Securities  Exchange  Act  of  1934 reports  is  recorded,  processed,
summarized and reported within the time periods specified in the SEC's
rules  and  forms,  and  that  such  information  is  accumulated  and
communicated  to  our  management, including  our  managing  partner's
principal  executive  officer  and  principal  financial  officer,  as
appropriate, to allow timely decisions regarding required  disclosure.
In  designing  and evaluating the disclosure controls and  procedures,
our  management recognized that any controls and procedures, no matter
how  well designed and operated, can provide only reasonable assurance
of  achieving  the  desired  control objectives,  and  our  management
necessarily was required to apply its judgment in evaluating the cost-
benefit relationship of possible controls and procedures.

             Under the supervision of our managing partner's principal
executive officer and principal financial officer we have carried  out
an  evaluation of the effectiveness of our adopted disclosure controls
and  procedures  as of the end of the period covered by  this  report.
Based  upon  that  evaluation, our managing  partner's  president  and
treasurer  concluded that our disclosure controls and  procedures  are
effective.

              There  have been no significant changes in our  internal
controls over financial reporting that has materially affected, or  is
reasonably  likely  to  materially affect, our internal  control  over
financial reporting during our most recent fiscal quarter.

<PAGE>

                      PART II - OTHER INFORMATION

Item 1.   Legal Proceedings

              In  May  1992, a Partnership 69% owned by the Registrant
filed  a  reorganization petition pursuant to Chapter 11 of  the  U.S.
Bankruptcy Code in order to forestall foreclosure by a lender  on  the
property  owned by it.  In addition, the lender filed a claim  against
the  Registrant on its guaranty of payment of its debt.   In  February
1993,  the lender, with permission of the bankruptcy court, foreclosed
on  the property.  In November 1993, the lender obtained a judgment in
the matter of Capital Bank, N.A. v. Diversified Historic Investors  II
in  the amount of $1,800,000.  This judgement has not been executed by
the lender.

Item 4.   Submission of Matters to a Vote of Security Holders

              No  matter  was submitted during the quarter covered  by
this report to a vote of security holders.

Item 6.   Exhibits and Reports on Form 8-K

          (a) Exhibit Number    Document
              --------------    --------
              3                 Registrant's    Amended     and
                                Restated Certificate of Limited
                                Partnership  and  Agreement  of
                                Limited Partnership, previously
                                filed as part of Amendment  No.
                                2  of Registrant's Registration
                                Statement  on  Form  S-11,  are
                                incorporated     herein      by
                                reference.

              21                Subsidiaries of the  Registrant
                                are    listed   in   Item    2.
                                Properties   on   Form    10-K,
                                previously      filed       and
                                incorporated     herein      by
                                reference.

              31                General     Partners    Opinion
                                Certification

              32                Certification  Pursuant  to  18
                                U.S.C. Section 1350, As Adopted
                                Pursuant to Section 906 of  the
                                Sarbanes-Oxley Act of 2002


            (b) Reports on Form 8-K:

            No  reports  were  filed on Form 8-K  during  the  quarter
            ended September 30, 2001.

<PAGE>


                              SIGNATURES

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

 Date: June 1, 2004        DIVERSIFIED HISTORIC INVESTORS II
       ------------
                           By: Dover Historic Advisors, its General
                               Partner

                               By:  EPK, Inc., Managing Partner

                                    By:  /s/ Spencer Wertheimer
                                         ----------------------
                                         SPENCER WERTHEIMER
                                         President (principal executive
                                          officer, principal financial
                                          officer)
<PAGE>

                                                            Exhibit 31

                             CERTIFICATION

  I, Spencer Wertheimer, certify that:

1.  I  have  reviewed  this quarterly report  on  Form  10-Q  for  the
 quarterly  period  ended September 30, 2001 of  Diversified  Historic
 Investors II;

2.      Based on my knowledge, this report does not contain any untrue
 statement  of  a  material  fact or omit to  state  a  material  fact
 necessary  to make the statements made, in light of the circumstances
 under  which  such statements were made, not misleading with  respect
 to the period covered by this report;

3.      Based  on  my knowledge, the financial statements,  and  other
 financial information included in this report, fairly present in  all
 material respects the financial condition, results of operations  and
 cash  flows  of the registrant as of, and for, the periods  presented
 in this report;

4.  I  am  responsible  for  establishing and  maintaining  disclosure
 controls  and procedures (as defined in Exchange Act Rules  13a-15(e)
 and  15d-15(e))  [Omission in accordance with SEC  Release  Nos.  33-
 8238,  34-47986  and IC-26068 (June 5, 2003)] for the registrant  and
 have:

  (a)     Designed such disclosure controls and procedures, or  caused
    such  disclosure controls and procedures to be designed  under  my
    supervision, to ensure that material information relating  to  the
    registrant,  including  its  consolidated  subsidiaries,  is  made
    known  to me by others within those entities, particularly  during
    the period in which this report is being prepared;

  (b)     [Omitted  in accordance with SEC Release Nos.  33-8238,  34-
    47986 and IC-26068 (June 5, 2003)];

  (c)     Evaluated  the effectiveness of the registrant's  disclosure
    controls   and  procedures  and  presented  in  this   report   my
    conclusions  about  the effectiveness of the  disclosure  controls
    and  procedures,  as  of  the end of the period  covered  by  this
    report based on such evaluation; and

  (d)     Disclosed  in  this  report any change in  the  registrant's
    internal  control  over financial reporting that  occurred  during
    the  registrant's  most  recent fiscal quarter  (the  registrant's
    fourth  fiscal quarter in the case of an annual report)  that  has
    materially   affected,  or  is  reasonably  likely  to  materially
    affect,   the   registrant's  internal  control   over   financial
    reporting; and

5.      I  have  disclosed,  based  on my most  recent  evaluation  of
 internal  control  over  financial  reporting,  to  the  registrant's
 auditors  and  the  audit  committee of  the  registrant's  board  of
 directors (or persons performing the equivalent functions):

  (a)     All significant deficiencies and material weaknesses in  the
    design  or  operation of internal control over financial reporting
    which  are  reasonably likely to adversely affect the registrant's
    ability   to  record,  process,  summarize  and  report  financial
    information; and

  (b)     Any fraud, whether or not material, that involves management
    or   other   employees  who  have  a  significant  role   in   the
    registrant's internal control over financial reporting.


Date:  June 1, 2004                        /s/ Spencer Wertheimer
       ------------                 Name:  ----------------------
                                           Spencer Wertheimer
                                    Title: President(principal executive
					              officer, principal financial
                                            officer) of the registrant's
                                            managing partner, EPK, Inc.

<PAGE>




                                                            Exhibit 32

                       CERTIFICATION PURSUANT TO
                        18 U.S.C. SECTION 1350,
                        AS ADOPTED PURSUANT TO
             SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

  In  connection  with  the Quarterly Report of  Diversified  Historic
Investors  II  (the "Company") on Form 10-Q for the  quarterly  period
ended  September  30, 2001 as filed with the Securities  and  Exchange
Commission  on the date hereof (the "Report"), I, Spencer  Wertheimer,
President and Treasurer of the Company's managing partner, EPK,  Inc.,
certify,  pursuant to 18 U.S.C. Section 1350, as adopted  pursuant  to
Section 906 of the Sarbanes-Oxley Act of 2002, that:

  (1) The Report fully complies with the requirements of section 13(a)
or 15(d) of the Securities Exchange Act of 1934, and

  (2)  The information contained in the Report fairly presents, in all
material  respects, the financial condition and results of  operations
of the Company.




Date:  June 1, 2004                        /s/ Spencer Wertheimer
       ------------                 Name:  ----------------------
                                           Spencer Wertheimer
                                    Title: President(principal executive
					              officer, principal financial
                                            officer) of the registrant's
                                            managing partner, EPK, Inc.

<PAGE>