FORM 10-KSB--ANNUAL OR TRANSITIONAL REPORT UNDER
                               SECTION 13 OR 15(d)

                                   Form 10-KSB
(Mark One)
[X]ANNUAL REPORT UNDER SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934
   [No Fee Required]

                       For the fiscal year ended December 31, 2000

[ ]TRANSITION REPORT UNDER SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF
   1934
   [No Fee Required]

                   For the transition period from _________to _________

                         Commission file number 0-11935

                               CENTURY PROPERTIES FUND XIX
                      (Name of small business issuer in its charter)

         California                                              94-2887133
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                          55 Beattie Place, PO Box 1089
                        Greenville, South Carolina 29602
                    (Address of principal executive offices)

                    Issuer's telephone number (864) 239-1000

              Securities registered under Section 12(b) of the Exchange Act:

                                      None

              Securities registered under Section 12(g) of the Exchange Act:

                     Units of Limited Partnership Interests
                                (Title of class)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 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___

Check if there is no disclosure of delinquent  filers in response to Item 405 of
Regulation S-B contained in this form, and no disclosure  will be contained,  to
the best of the  registrant's  knowledge  in  definitive  proxy  or  information
statements  incorporated  by  reference  in Part III of this Form  10-KSB or any
amendment to this Form 10-KSB. [X]

State issuer's revenues for its most recent fiscal year.  $17,475,000

State the aggregate  market value of the voting  partnership  interests  held by
non-affiliates  computed  by  reference  to the price at which  the  partnership
interests  were sold,  or the average bid and asked  prices of such  partnership
interests as of December 31, 2000. No market exists for the limited  partnership
interests of the Registrant,  and,  therefore,  no aggregate market value can be
determined.

                       DOCUMENTS INCORPORATED BY REFERENCE
                                      None

<PAGE>

                                     PART I

Item 1.     Description of Business

Century Properties Fund XIX (the "Partnership" or "Registrant") was organized in
August  1982,  as a California  limited  partnership  under the Uniform  Limited
Partnership  Act of  the  California  Corporations  Code.  Fox  Partners  II,  a
California general partnership,  is the general partner of the Partnership.  The
general  partners  of Fox  Partners II are Fox  Capital  Management  Corporation
("FCMC" or the "Managing General Partner"), a California corporation, Fox Realty
Investors  ("FRI"),  a California  general  partnership,  and Fox Partners 83, a
California general partnership.  The Managing General Partner is a subsidiary of
Apartment Investment and Management Company ("AIMCO") (see "Transfer of Control"
below). The Partnership  Agreement provides that the Partnership is to terminate
on December 31, 2007, unless terminated prior to such date.

The Partnership's  Registration Statement,  filed pursuant to the Securities Act
of 1933 (No.  2-79007),  was declared  effective by the  Securities and Exchange
Commission on September 20, 1983.  Beginning in September  1983 through  October
1984, the Partnership  offered 90,000 Limited  Partnership Units and sold 89,292
units having an initial cost of  $89,292,000.  The net proceeds of this offering
were used to acquire thirteen income-producing real estate properties. Since its
initial  offering,  the Registrant has not received,  nor have limited  partners
been  required to make,  additional  capital  contributions.  The  Partnership's
original  property  portfolio was  geographically  diversified  with  properties
acquired  in  seven  states.  The  Partnership's   acquisition  activities  were
completed in June 1985 and since then the principal  activity of the Partnership
has been  managing  its  portfolio.  One  property was sold in each of the years
1988, 1992, 1993, and 1994. In addition, one property was foreclosed on in 1993.
See "Item 2.  Description of Properties" for a description of the  Partnership's
remaining eight properties.

The  Registrant  is engaged in the business of operating and holding real estate
properties.  The  Partnership  is a "closed"  limited  partnership  real  estate
syndicate formed to acquire multi-family residential properties.

The Registrant  has no employees.  Management  and  administrative  services are
provided by the Managing  General Partner and by agents retained by the Managing
General Partner. An affiliate of the Managing General Partner has been providing
such  property  management  services  for the years ended  December 31, 2000 and
1999.

The  real  estate  business  in which  the  Partnership  is  engaged  is  highly
competitive.  There are other  residential  properties within the market area of
the Partnership's properties.  The number and quality of competitive properties,
including  those which may be managed by an affiliate  of the  Managing  General
Partner in such market area,  could have a material  effect on the rental market
for the  apartments  at the  Registrant's  properties  and the rents that may be
charged for such  apartments.  While the General  Partner and its affiliates own
and/or  control a significant  number of apartment  units in the United  States,
such units represent an insignificant percentage of total apartment units in the
United States and competition for the apartments is local.

Both  the  income  and  expenses  of  operating  the  properties  owned  by  the
Partnership are subject to factors outside of the Partnership's control, such as
changes in the supply and demand for similar  properties  resulting from various
market  conditions,  increases/decreases  in unemployment or population  shifts,
changes in the availability of permanent mortgage  financing,  changes in zoning
laws,  or changes in patterns or needs of users.  In  addition,  there are risks
inherent in owning and operating residential  properties because such properties
are  susceptible to the impact of economic and other  conditions  outside of the
control of the Partnership.

There have been, and it is possible there may be other, Federal, state and local
legislation  and  regulations   enacted   relating  to  the  protection  of  the
environment.  The Partnership is unable to predict the extent,  if any, to which
such new  legislation  or  regulations  might occur and the degree to which such
existing or new legislation or regulations might adversely affect the properties
owned by the Partnership.

The Partnership  monitors its properties for evidence of pollutants,  toxins and
other dangerous substances, including the presence of asbestos. In certain cases
environmental  testing has been performed which resulted in no material  adverse
conditions or liabilities.  In no case has the Partnership  received notice that
it is a potentially  responsible party with respect to an environmental clean up
site.

A further description of the Partnership's business is included in "Management's
Discussion and Analysis or Plan of Operation"  included in "Item 6" of this Form
10-KSB.

Transfer of Control

Pursuant  to a series  of  transactions  which  closed  on  October  1, 1998 and
February 26, 1999,  Insignia Financial Group, Inc. and Insignia Properties Trust
merged into AIMCO, a publicly traded real estate  investment  trust,  with AIMCO
being the surviving  corporation  (the "Insignia  Merger").  As a result,  AIMCO
acquired 100% ownership  interest in the Managing General Partner.  The Managing
General  Partner does not believe that this  transaction  has had or will have a
material effect on the affairs and operations of the Partnership.

Item 2.     Description of Properties

The following table sets forth the Partnership's investment in properties:
<TABLE>
<CAPTION>

                                   Date of
Property                          Purchase        Type of Ownership           Use

Wood Lake Apartments                12/83   Fee ownership subject to      Apartment
<S>                                                                       <C>
  Atlanta, Georgia                            first mortgage              220 units

Greenspoint Apartments              02/84   Fee ownership subject to      Apartment
  Phoenix, Arizona                            first mortgage              336 units

Sandspoint Apartments               02/84   Fee ownership subject to      Apartment
  Phoenix, Arizona                            first mortgage              432 units

Vinings Peak Apartments             04/84   Fee ownership subject to      Apartment
  Atlanta, Georgia                            first mortgage              280 units

Plantation Crossing Apartments      06/84   Fee ownership subject to      Apartment
  Atlanta, Georgia                            first mortgage              180 units

Sunrunner Apartments                07/84   Fee ownership subject to      Apartment
  St. Petersburg, Florida                     first mortgage              200 units

McMillan Place Apartments           06/85   Fee ownership, subject to     Apartment
  Dallas, Texas                               first and second mortgages  402 units

Misty Woods Apartments (1)          06/85   Fee ownership subject to      Apartment
  Charlotte, North Carolina                   first mortgage              228 units
</TABLE>

(1)  Property is held by a limited liability  company,  in which the Partnership
     owns 100% of the membership interest.

Schedule of Properties

Set forth below for each of the  Registrant's  properties is the gross  carrying
value,  accumulated  depreciation,  depreciable life, method of depreciation and
Federal tax basis.
<TABLE>
<CAPTION>

                             Gross
                            Carrying   Accumulated                         Federal
Property                     Value    Depreciation     Rate    Method     Tax Basis
                                (in thousands)                         (in thousands)

<S>                         <C>          <C>         <C>                   <C>
Wood Lake Apartments        $ 13,353     $ 7,024     5-30 yrs    S/L       $ 2,419
Greenspoint Apartments        14,458       6,748     5-30 yrs    S/L         2,432
Sandspoint Apartments         16,800       8,000     5-30 yrs    S/L         2,710
Vinings Peak Apartments       15,357       7,795     5-30 yrs    S/L         2,926
Plantation Crossing
  Apartments                   9,731       4,822     5-30 yrs    S/L         2,100
Sunrunner Apartments           7,762       4,140     5-30 yrs    S/L         1,629
McMillan Place                14,705       6,650     5-30 yrs    S/L         4,705
  Apartments
Misty Woods Apartments         8,355       4,155     5-30 yrs    S/L         2,002
                            $100,521     $49,334                           $20,923
</TABLE>

See  "Note A" of the  consolidated  financial  statements  included  in "Item 7.
Financial  Statements"  for a  description  of  the  Partnership's  depreciation
policy.

Schedule of Property Indebtedness

The  following  table  sets  forth  certain  information  relating  to the loans
encumbering the Registrant's properties.
<TABLE>
<CAPTION>

                              Principal                                         Principal
                             Balance At                                          Balance
                            December 31,    Interest    Period     Maturity      Due At
         Property               2000          Rate     Amortized     Date     Maturity (3)
                           (in thousands)                                    (in thousands)

<S>                            <C>           <C>        <C>        <C>   <C>     <C>
Wood Lake Apartments           $ 7,122       7.50%      25 yrs     01/01/03      $ 6,792
Greenspoint Apartments           8,541       8.33%      30 yrs     05/15/05        7,988
Sandspoint Apartments            9,487       8.33%      30 yrs     05/15/05        8,874
Vinings Peak Apartments          8,270       7.50%      25 yrs     01/01/03        7,888
Plantation Crossing
  Apartments                     4,825       7.50%      25 yrs     01/01/03        4,602
Sunrunner Apartments             3,250       7.33%        (1)      11/01/03        3,250
McMillan Place Apartments
  1st Mortgage                  10,219       9.15%        (1)      10/31/02       10,219
  2nd Mortgage                   2,143       9.15%        (2)      10/31/02        2,101
Misty Woods Apartments           5,181       7.88%      30 yrs     01/01/06        4,777
                               $59,038                                           $56,491
</TABLE>

(1)   Interest only.

(2)   Interest  only,  principal  balance  due at  maturity  is net of  mortgage
      premium of approximately $42,000.

(3)   See "Item 7. Financial  Statements - Note C" for information  with respect
      to the  Registrant's  ability  to prepay  these  loans and other  specific
      details about the loans.

Rental Rate and Occupancy

Average annual rental rates and occupancy for 2000 and 1999 for each property:
<TABLE>
<CAPTION>

                                            Average Annual              Average
                                             Rental Rates              Occupancy
                                              (per unit)
Property                                  2000          1999         2000      1999

<S>                                      <C>           <C>           <C>        <C>
Wood Lake Apartments                     $9,915        $9,637        95%        95%
Greenspoint Apartments                    8,272         8,183        94%        95%
Sandspoint Apartments                     7,281         7,130        93%        94%
Vinings Peak Apartments                   9,318         9,024        95%        95%
Plantation Crossing Apartments            9,100         8,731        95%        94%
Sunrunner Apartments                      7,144         6,839        97%        94%
McMillan Place Apartments                 6,820         6,524        96%        98%
Misty Woods Apartments                    7,120         6,960        93%        94%
</TABLE>

The Managing  General Partner  attributes the increase in occupancy at Sunrunner
to enhanced marketing efforts and an improvement in the local market.

As noted under "Item 1.  Description of Business",  the real estate  industry is
highly competitive.  All of the properties are subject to competition from other
residential  apartment  complexes  in the area.  The  Managing  General  Partner
believes that all of the properties are adequately insured.  Each property is an
apartment  complex  which leases  units for lease terms of one year or less.  No
residential  tenant leases 10% or more of the available rental space. All of the
properties are in good physical  condition,  subject to normal  depreciation and
deterioration as is typical for assets of this type and age.

Real Estate Taxes and Rates

Real estate taxes and rates in 2000 for each property were:

                                                 2000            2000
                                                Billing          Rate
                                            (in thousands)

Wood Lake Apartments                             $146            2.91%
Greenspoint Apartments                            158            1.24%
Sandspoint Apartments                             172            1.27%
Vinings Peak Apartments                           181            2.91%
Plantation Crossing Apartments                     82            2.70%
Sunrunner Apartments                              142            2.38%
McMillan Place Apartments                         362            2.72%
Misty Woods Apartments                             92            1.32%

Capital Improvements

Wood Lake Apartments

During the year ended December 31, 2000, the Partnership completed approximately
$208,000 of capital  improvements  consisting  primarily  of floor  covering and
appliance  replacements,   plumbing  enhancements,  wall  coverings,  and  other
building improvements.  These improvements were funded from operating cash flow.
The  Partnership is currently  evaluating the capital  improvement  needs of the
property for the upcoming year. The minimum amount to be budgeted is expected to
be $275 per unit or $60,500.  Additional improvements may be considered and will
depend on the physical condition of the property as well as replacement reserves
and anticipated cash flow generated by the property.

Greenspoint Apartments

During the year ended December 31, 2000, the Partnership completed approximately
$188,000 of capital  improvements  consisting  primarily  of floor  covering and
appliance replacements,  structural  improvements,  other building improvements,
air conditioning  replacements,  and major landscaping.  These improvements were
funded from  operating cash flow.  The  Partnership is currently  evaluating the
capital  improvement  needs of the property for the upcoming  year.  The minimum
amount to be budgeted  is  expected  to be $275 per unit or $92,400.  Additional
improvements may be considered and will depend on the physical  condition of the
property as well as replacement  reserves and anticipated cash flow generated by
the property.

Sandspoint Apartments

During the year ended December 31, 2000, the Partnership completed approximately
$209,000 of capital  improvements  consisting  primarily  of floor  covering and
appliance replacements,  air conditioning  replacements,  plumbing improvements,
roof  replacements,   structural  improvements,  and  exterior  painting.  These
improvements  were funded from operating cash flow. The Partnership is currently
evaluating the capital  improvement needs of the property for the upcoming year.
The minimum  amount to be budgeted is expected to be $275 per unit or  $118,800.
Additional  improvements  may be  considered  and will  depend  on the  physical
condition of the property as well as replacement  reserves and anticipated  cash
flow generated by the property.

Vinings Peak Apartments

During the year ended December 31, 2000, the Partnership completed approximately
$246,000 of capital  improvements  consisting  primarily  of floor  covering and
appliance replacements,  plumbing enhancements, and other building improvements.
These  improvements  were funded from operating  cash flow.  The  Partnership is
currently  evaluating  the capital  improvement  needs of the  property  for the
upcoming year. The minimum amount to be budgeted is expected to be $275 per unit
or $77,000.  Additional  improvements  may be considered  and will depend on the
physical  condition  of  the  property  as  well  as  replacement  reserves  and
anticipated cash flow generated by the property.

Plantation Crossing Apartments

During the year ended December 31, 2000, the Partnership completed approximately
$237,000 of capital improvements  consisting primarily of plumbing enhancements,
floor covering and appliance replacements, major landscaping, and other building
improvements.  These  improvements  were funded from  operating  cash flow.  The
Partnership  is  currently  evaluating  the  capital  improvement  needs  of the
property for the upcoming year. The minimum amount to be budgeted is expected to
be $275 per unit or $49,500.  Additional improvements may be considered and will
depend on the physical condition of the property as well as replacement reserves
and anticipated cash flow generated by the property.

Sunrunner Apartments

During the year ended December 31, 2000, the Partnership completed approximately
$146,000 of capital  improvements  consisting  primarily  of  swimming  pool and
structural  improvements,   major  landscaping,  floor  covering  and  appliance
replacements,  and plumbing  enhancements.  These  improvements were funded from
partnership  reserves.  The  Partnership  is  currently  evaluating  the capital
improvement  needs of the property for the upcoming  year. The minimum amount to
be budgeted is expected to be $275 per unit or $55,000.  Additional improvements
may be considered  and will depend on the physical  condition of the property as
well  as  replacement  reserves  and  anticipated  cash  flow  generated  by the
property.

McMillan Place Apartments

During the year ended December 31, 2000, the Partnership completed approximately
$324,000 of capital  improvements  consisting  primarily of appliance  and floor
covering replacements,  roof replacements,  and structural  improvements.  These
improvements  were funded from operating cash flow. The Partnership is currently
evaluating the capital  improvement needs of the property for the upcoming year.
The minimum  amount to be budgeted is expected to be $275 per unit or  $110,550.
Additional  improvements  may be  considered  and will  depend  on the  physical
condition of the property as well as replacement  reserves and anticipated  cash
flow generated by the property.

Misty Woods Apartments

During the year ended December 31, 2000, the Partnership completed approximately
$208,000   of  capital   improvements   consisting   primarily   of   structural
improvements,  floor covering and appliance replacements,  perimeter fencing and
other building  improvements.  These  improvements  were funded from replacement
reserves and operating  cash flow. The  Partnership is currently  evaluating the
capital  improvement  needs of the property for the upcoming  year.  The minimum
amount to be budgeted  is  expected  to be $275 per unit or $62,700.  Additional
improvements may be considered and will depend on the physical  condition of the
property as well as replacement  reserves and anticipated cash flow generated by
the property.

Item 3.     Legal Proceedings

In March 1998, several putative unit holders of limited partnership units of the
Partnership  commenced an action  entitled  Rosalie  Nuanes,  et al. v. Insignia
Financial  Group,  Inc., et al. in the Superior Court of the State of California
for the County of San Mateo. The plaintiffs  named as defendants,  among others,
the  Partnership,  its Managing  General Partner and several of their affiliated
partnerships  and corporate  entities.  The action  purports to assert claims on
behalf of a class of limited  partners and derivatively on behalf of a number of
limited  partnerships  (including  the  Partnership)  which are named as nominal
defendants,  challenging,  among other things,  the  acquisition of interests in
certain general partner entities by Insignia Financial Group, Inc.  ("Insignia")
and entities which were, at one time, affiliates of Insignia; past tender offers
by the Insignia affiliates to acquire limited  partnership units;  management of
the  partnerships  by the  Insignia  affiliates;  and the Insignia  Merger.  The
plaintiffs  seek  monetary  damages and  equitable  relief,  including  judicial
dissolution of the  Partnership.  On June 25, 1998, the Managing General Partner
filed a motion  seeking  dismissal of the action.  In lieu of  responding to the
motion, the plaintiffs filed an amended complaint.  The Managing General Partner
filed demurrers to the amended complaint which were heard February 1999.

Pending the ruling on such  demurrers,  settlement  negotiations  commenced.  On
November 2, 1999,  the parties  executed and filed a Stipulation  of Settlement,
settling claims, subject to court approval, on behalf of the Partnership and all
limited partners who owned units as of November 3, 1999. Preliminary approval of
the  settlement  was obtained on November 3, 1999 from the Court,  at which time
the Court set a final  approval  hearing for  December  10,  1999.  Prior to the
December  10,  1999  hearing,  the  Court  received  various  objections  to the
settlement, including a challenge to the Court's preliminary approval based upon
the alleged lack of authority of prior lead counsel to enter the settlement.  On
December 14, 1999, the Managing  General  Partner and its affiliates  terminated
the  proposed  settlement.  In  February  2000,  counsel  for some of the  named
plaintiffs filed a motion to disqualify plaintiff's lead and liaison counsel who
negotiated  the  settlement.  On June  27,  2000,  the  Court  entered  an order
disqualifying  them  from the case and an  appeal  was  taken  from the order on
October 5, 2000. On December 4, 2000, the Court  appointed the law firm of Lieff
Cabraser  Heimann & Bernstein  LLP as new lead  counsel for  plaintiffs  and the
putative class.  Plaintiffs filed a third amended complaint on January 19, 2001.
On March 2, 2001,  the  Managing  General  Partner  and its  affiliates  filed a
demurrer to the third amended  complaint.  The Managing General Partner does not
anticipate  that  costs  associated  with  this  case  will be  material  to the
Partnership's overall operations.

The  Partnership is unaware of any other pending or outstanding  litigation that
is not of a routine nature arising in the ordinary course of business.

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

During the quarter ended December 31, 2000, no matter was submitted to a vote of
unit holders through the solicitation of proxies or otherwise.

                                     PART II

Item 5. Market for the  Partnership's  Common Equity and Related Security Holder
        Matters

The Partnership,  a publicly-held  limited partnership,  offered and sold 89,292
limited partnership units aggregating $89,292,000. The Partnership currently has
89,292 units outstanding held by 4,271 limited partners of record. Affiliates of
the Managing  General  Partner owned  49,170.66  units or 55.07% at December 31,
2000.  No public  trading  market has  developed  for the  Units,  and it is not
anticipated that such a market will develop in the future.

The following table sets forth the distributions made by the Partnership for the
years ended  December 31, 1999 and 2000 and subsequent to December 31, 2000 (see
"Item 6. Management's  Discussion and Analysis or Plan of Operation" for further
details):

                                                Distributions
                                                           Per Limited
                                        Aggregate        Partnership Unit
                                      (in thousands)
       01/01/99 - 12/31/99             $ 5,145 (1)            $52.49
       01/01/00 - 12/31/00               3,971 (2)             39.22
      Subsequent to 12/31/00             1,375 (2)             13.58

(1)   Consists of $3,623,000 of cash from  operations  and  $1,522,000  from the
      remaining sale proceeds for Parkside Village Apartments.

(2)   Consists entirely of cash from operations.

Future cash  distributions  will depend on the levels of net cash generated from
operations, the availability of cash reserves and the timing of debt maturities,
refinancings,  and/or property sales. The Partnership's  distribution  policy is
reviewed on a quarterly basis.  The Partnership is restricted from  distributing
cash  from  operations  of  McMillan  Place  Apartments  as a  condition  of the
modification  of the  property's  mortgage in 1998.  There can be no  assurance,
however,  that the Partnership  will generate  sufficient  funds from operations
after  required  capital  expenditures  to permit further  distributions  to its
partners in 2001 or subsequent periods.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates owned 49,170.66 limited partnership units
in the Partnership  representing 55.07% of the outstanding units at December 31,
2000. A number of these units were  acquired  pursuant to tender  offers made by
AIMCO or its  affiliates.  It is  possible  that  AIMCO or its  affiliates  will
acquire additional limited partnership  interests in the Partnership for cash or
in exchange  for units in the  operating  partnership  of AIMCO  either  through
private  purchases or tender offers.  In this regard, on February 8, 2001, AIMCO
Properties, L.P., commenced a tender offer to acquire all of the Units not owned
by  affiliates  of AIMCO for a purchase  price of $289.18 per Unit.  Pursuant to
this  offer,  AIMCO  acquired an  additional  562 units  resulting  in its total
ownership being increased to 49,732.66 units or 55.70% of the total  outstanding
units. Under the Partnership  Agreement,  unitholders  holding a majority of the
Units are  entitled to take action with  respect to a variety of matters,  which
would  include  without   limitation,   voting  on  certain  amendments  to  the
Partnership  Agreement and voting to remove the Managing General  Partner.  As a
result  of its  ownership  of  55.70% of the  outstanding  units,  AIMCO is in a
position to influence all voting decisions with respect to the Registrant.  When
voting on matters, AIMCO would in all likelihood vote the Units it acquired in a
manner  favorable  to the interest of the Managing  General  Partner  because of
their affiliation with the Managing General Partner. However, IPLP, an affiliate
of the Managing General Partner, is required to vote 24,811.66 of its Units: (i)
against any proposal to increase the fees and other compensation  payable by the
Partnership to the Managing General Partner and any of its affiliates;  and (ii)
on all other  matters  submitted by it or its  affiliates,  in proportion to the
votes cast by non tendering  unit holders.  Except for the  foregoing,  no other
limitations are imposed on IPLP's right to vote its Units.

Item 6.     Management's Discussion and Analysis or Plan of Operation

The  matters  discussed  in this Form  10-KSB  contain  certain  forward-looking
statements  and  involve  risks and  uncertainties  (including  changing  market
conditions,   competitive  and  regulatory   matters,   etc.)  detailed  in  the
disclosures  contained  in this  Form  10-KSB  and the  other  filings  with the
Securities and Exchange Commission made by the Registrant from time to time. The
discussion of the  Registrant's  business and results of  operations,  including
forward-looking statements pertaining to such matter, does not take into account
the  effects  of any  changes  to  the  Registrant's  business  and  results  of
operation.  Accordingly,  actual  results  could  differ  materially  from those
projected in the forward-looking  statements as a result of a number of factors,
including those identified herein.

This  item  should  be read  in  conjunction  with  the  consolidated  financial
statements and other items contained elsewhere in this report.

Results of Operations

The Partnership  realized net income of approximately  $1,631,000 and $2,007,000
for the years ended  December 31, 2000 and 1999,  respectively.  The decrease in
net income is attributable  to an increase in total expenses,  largely offset by
an increase in total  revenues.  The  increase  in total  expenses is  primarily
attributable  to an  increase  in  operating,  depreciation,  property  tax  and
interest expenses. The increase in operating expenses is the result of increased
insurance  expense at McMillian  Apartments and increased  property  expenses at
Sunrunner, Misty Woods, Greenspoint, and Sands Point Apartments. The increase in
insurance  expense  at  McMillian  Apartments  is a result of the  timing of the
receipt of insurance premium invoices at this property along with the receipt of
premium  refunds  during 1999 as a result of the delays in  invoicing.  Property
expense  increased as a result of increased  salary expense and related employee
benefits.  The increase in depreciation expense is the result of the addition of
capital  assets  during the past twelve  months.  The  increase in property  tax
expense  is  primarily  due to higher  assessed  values at  several  properties.
Interest  expense  increased  as a  result  of the  contingency  for  additional
interest on McMillian  Place  Apartments  as discussed  below.  This increase in
interest expense was partially offset by a decrease in interest payments made as
a result of scheduled  payments of principal on the  mortgages  encumbering  the
interest properties.

The increase in total revenues is due to an increase in rental and other income.
The increase in rental income is the result of increased  rental rates at all of
the  Partnership's  investment  properties  and  an  increase  in  occupancy  at
Sunrunner and Plantation Crossing. The increase in other income is primarily due
to an increase in tenant reimbursements at all of the Partnership's  properties,
and an  increase  in late  charges  and local  telephone  income  received  at a
majority of the Partnership's properties.

General and administrative  expenses remained  relatively  constant for the year
ended December 31, 2000. Included in general and administrative  expense at both
December 31, 2000 and 1999 are  reimbursements  to the Managing  General Partner
under  the  Partnership   Agreement   associated  with  its  management  of  the
Partnership.  In  addition,  costs  associated  with the  quarterly  and  annual
communications  with  investors  and  regulatory  agencies  and the annual audit
required by the Partnership Agreement.


As part of the ongoing  business plan of the  Partnership,  the Managing General
Partner  monitors  the  rental  market  environment  of each  of its  investment
properties  to assess  the  feasibility  of  increasing  rents,  maintaining  or
increasing  occupancy  levels and protecting the  Partnership  from increases in
expenses. As part of this plan, the Managing General Partner attempts to protect
the Partnership  from the burden of  inflation-related  increases in expenses by
increasing rents and maintaining a high overall occupancy level. However, due to
changing market  conditions,  which can result in the use of rental  concessions
and  rental  reductions  to  offset  softening  market  conditions,  there is no
guarantee that the Managing General Partner will be able to sustain such a plan.

Liquidity and Capital Resources

At  December  31,  2000,  the  Registrant  had  cash  and  cash  equivalents  of
approximately $2,172,000 as compared to approximately $2,900,000 at December 31,
1999. For the year ended December 31, 2000, cash and cash equivalents  decreased
approximately  $728,000 from the Registrant's  year ended December 31, 1999. The
decrease in cash and cash equivalents is due to approximately $4,671,000 of cash
used in  financing  activities  and  approximately  $1,605,000  of cash  used in
investing  activities  which more than offset  approximately  $5,548,000 of cash
provided  by  operating  activities.  Net  cash  used  in  financing  activities
consisted  primarily of  distributions  to the partners and, to a lesser extent,
payments  of  principal  made  on the  mortgages  encumbering  the  Registrant's
properties.   Net  cash  used  in  investing  activities  consisted  of  capital
improvements  and  replacements,   partially  offset  by  net  withdrawals  from
restricted escrows maintained by the mortgage lenders.  The Partnership  invests
its working capital reserves in interest bearing accounts.

An  affiliate  of  the  Managing  General  Partner  has  made  available  to the
Partnership  a  credit  line  of  up to  $150,000  per  property  owned  by  the
Partnership.  The Partnership has no outstanding  amounts due under this line of
credit. Based on present plans, the Managing General Partner does not anticipate
the need to borrow in the near future. Other than cash and cash equivalents, the
line of credit is the Partnership's only unused source of liquidity.

The sufficiency of existing  liquid assets to meet future  liquidity and capital
expenditure   requirements   is  directly   related  to  the  level  of  capital
expenditures  required at the  properties  to  adequately  maintain the physical
assets and other  operating  needs of the Registrant and to comply with Federal,
state, and local legal and regulatory requirements. The Partnership is currently
evaluating  the capital  improvement  needs of the  properties  for the upcoming
year.  The  minimum  amount to be  budgeted  is  expected to be $275 per unit or
$626,450.  Additional  improvements  may be  considered  and will  depend on the
physical  condition  of the  properties  as well  as  replacement  reserves  and
anticipated cash flow generated by the properties. The capital expenditures will
be  incurred  only if cash is  available  from  operations  or from  Partnership
reserves.  To the extent that such budgeted capital  improvements are completed,
the Registrant's  distributable  cash flow, if any may be adversely  affected at
least in the short term.

In  connection  with the  January  29,  1998  modification  of the  terms of the
mortgages  encumbering  McMillan Place  Apartments,  the first mortgage requires
additional interest to be paid upon maturity at October 31, 2002 equal to 50% of
the increase in the  appreciated  fair market value of the  property,  which was
stipulated as $12,860,000 at the time of the restructuring. At December 31, 2000
the Managing  General  Partner  estimated that there had been an increase in the
fair market value of McMillan  Place  Apartments.  Accordingly,  a liability for
$250,000 was recorded at December 31, 2000 and is included in other  liabilities
and interest expense, to account for this estimated liability.

The  Registrant's  current assets are thought to be sufficient for any near-term
needs  (exclusive  of capital  improvements)  of the  Registrant.  The  mortgage
indebtedness of approximately $59,038,000 is amortized over varying periods with
required  balloon  payments  ranging  from  October  2002 to January  2006.  The
Managing General Partner will attempt to refinance such indebtedness and/or sell
the  properties  prior  to  such  maturity  dates.  If any  property  cannot  be
refinanced or sold for a sufficient amount, the Registrant will risk losing such
property through foreclosure.

The Registrant was prohibited from making  distributions  from operations of the
Registrant  until the  mortgages  encumbering  McMillan  Place  were  satisfied.
However, under the terms of the debt restructuring obtained on McMillan Place on
January 1998 the  Registrant  is now  permitted to make  distributions  from the
operations of the  Registrant's  other  investment  properties.  During the year
ended December 31, 2000, the Partnership  distributed  approximately  $3,971,000
(approximately  $3,502,000  to  the  limited  partners  or  $39.22  per  limited
partnership unit) from operations.  During the year ended December 31, 1999, the
Partnership distributed  approximately $5,145,000  (approximately  $4,687,000 to
the  limited  partners,  $52.49 per  limited  partnership  unit).  Approximately
$3,623,000 (approximately $3,195,000 to the limited partners, $35.78 per limited
partnership  unit) of the  distribution  was from  operations and  approximately
$1,522,000 (approximately $1,492,000 to the limited partners, $16.71 per limited
partnership  unit)  was  from the  remaining  proceeds  of the sale of  Parkside
Village Apartments in May 1993. Subsequent to December 31, 2000, the Partnership
declared  and paid  distributions  of  approximately  $1,375,000  (approximately
$1,213,000  or  $13.58  per  limited  partnership  unit)  from  operations.  The
Partnership's  distribution policy is reviewed on a quarterly basis. Future cash
distributions  will depend on the levels of net cash generated from  operations,
the   availability  of  cash  reserves  and  the  timing  of  debt   maturities,
refinancings, and/or property sales.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates owned 49,170.66 limited partnership units
in the Partnership  representing 55.07% of the outstanding units at December 31,
2000. A number of these units were  acquired  pursuant to tender  offers made by
AIMCO or its  affiliates.  It is  possible  that  AIMCO or its  affiliates  will
acquire additional limited partnership  interests in the Partnership for cash or
in exchange  for units in the  operating  partnership  of AIMCO  either  through
private  purchases or tender offers.  In this regard, on February 8, 2001, AIMCO
Properties, L.P., commenced a tender offer to acquire all of the Units not owned
by  affiliates  of AIMCO for a purchase  price of $289.18 per Unit.  Pursuant to
this  offer,  AIMCO  acquired an  additional  562 units  resulting  in its total
ownership being increased to 49,732.66 units or 55.70% of the total  outstanding
units. Under the Partnership  Agreement,  unitholders  holding a majority of the
Units are  entitled to take action with  respect to a variety of matters,  which
would  include  without   limitation,   voting  on  certain  amendments  to  the
Partnership  Agreement and voting to remove the Managing General  Partner.  As a
result  of its  ownership  of  55.70% of the  outstanding  units,  AIMCO is in a
position to influence all voting decisions with respect to the Registrant.  When
voting on matters, AIMCO would in all likelihood vote the Units it acquired in a
manner  favorable  to the interest of the Managing  General  Partner  because of
their affiliation with the Managing General Partner. However, IPLP, an affiliate
of the Managing General Partner, is required to vote 24,811.66 of its Units: (i)
against any proposal to increase the fees and other compensation  payable by the
Partnership to the Managing General Partner and any of its affiliates;  and (ii)
on all other  matters  submitted by it or its  affiliates,  in proportion to the
votes cast by non tendering  unit holders.  Except for the  foregoing,  no other
limitations are imposed on IPLP's right to vote its Units.

<PAGE>

Item 7.     Financial Statements and Supplementary Data

CENTURY PROPERTIES FUND XIX

LIST OF FINANCIAL STATEMENTS


     Report of Ernst & Young LLP, Independent Auditors

     Consolidated Balance Sheet - December 31, 2000

     Consolidated  Statements of Operations - Years ended  December 31, 2000 and
     1999

     Consolidated  Statement of Changes in Partners'  (Deficit)  Capital - Years
     ended December 31, 2000 and 1999

     Consolidated  Statements of Cash Flows - Years ended  December 31, 2000 and
     1999

     Notes to Consolidated Financial Statements


<PAGE>


                    Report of Ernst & Young LLP, Independent Auditors



The Partners
Century Properties Fund XIX


We  have  audited  the  accompanying   consolidated  balance  sheet  of  Century
Properties  Fund XIX as of  December  31,  2000,  and the  related  consolidated
statements of operations, changes in partners' (deficit) capital, and cash flows
for each of the two years in the period ended December 31, 2000. These financial
statements  are  the  responsibility  of  the  Partnership's   management.   Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the United States. Those standards require that we plan and perform the audit
to obtain reasonable  assurance about whether the financial  statements are free
of material misstatement. An audit includes examining, on a test basis, evidence
supporting  the amounts and  disclosures in the financial  statements.  An audit
also includes assessing the accounting principles used and significant estimates
made  by the  Partnership's  management,  as  well  as  evaluating  the  overall
financial  statement  presentation.   We  believe  that  our  audits  provide  a
reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material respects, the consolidated financial position of Century Properties
Fund XIX at December 31, 2000,  and the  consolidated  results of its operations
and its cash flows for each of the two years in the period  ended  December  31,
2000, in conformity with accounting  principles generally accepted in the United
States.

                                                            /s/ERNST & YOUNG LLP


Greenville, South Carolina
March 15, 2001


<PAGE>



                           CENTURY PROPERTIES FUND XIX

                           CONSOLIDATED BALANCE SHEET
                        (in thousands, except unit data)

                                December 31, 2000

<TABLE>
<CAPTION>


Assets
<S>                                                                         <C>
   Cash and cash equivalents                                                $  2,172
   Receivables and deposits (net of $38 for allowance
     for doubtful accounts)                                                      896
   Restricted escrows                                                            126
   Other assets                                                                  557
   Investment properties (Notes A, C, G):
      Land                                                    $ 11,635
      Buildings and related personal property                   88,886
                                                               100,521
      Less accumulated depreciation                            (49,334)       51,187

                                                                            $ 54,938
Liabilities and Partners' (Deficit) Capital

Liabilities
   Accounts payable                                                         $    370
   Tenant security deposit payable                                               318
   Accrued property taxes                                                        515
   Due to former affiliate                                                       270
   Other liabilities                                                           1,102
   Mortgage notes payable (Note C)                                            59,038

Partners' (Deficit) Capital
   General partner                                            $ (9,532)
   Limited partners (89,292 units issued
      and outstanding)                                           2,857        (6,675)

                                                                            $ 54,938
</TABLE>

              See Accompanying Notes to Consolidated Financial Statements

<PAGE>

                           CENTURY PROPERTIES FUND XIX

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                             (in thousands, except unit data)

<TABLE>
<CAPTION>

                                                           Years Ended December 31,
                                                              2000         1999
Revenues:
<S>                                                          <C>          <C>
   Rental income                                             $16,545      $16,273
   Other income                                                  930          750
      Total revenues                                          17,475       17,023

Expenses:
   Operating                                                   5,707        5,423
   General and administrative                                    360          375
   Depreciation                                                3,319        3,046
   Interest                                                    5,087        4,973
   Property taxes                                              1,371        1,199

      Total expenses                                          15,844       15,016

Net income                                                   $ 1,631      $ 2,007

Net income allocated to general partner                      $   192      $   237

Net income allocated to limited partners                       1,439        1,770

                                                             $ 1,631      $ 2,007

Net income per limited partnership unit                      $ 16.12      $ 19.82

Distribution per limited partnership unit                    $ 39.22      $ 52.49
</TABLE>

              See Accompanying Notes to Consolidated Financial Statements


<PAGE>


                           CENTURY PROPERTIES FUND XIX

            CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' (DEFICIT) CAPITAL
                             (in thousands, except unit data)


<TABLE>
<CAPTION>

                                        Limited
                                       Partnership    General     Limited
                                          Units      Partner's   Partners'    Total

<S>                                       <C>         <C>         <C>        <C>
Original capital contributions            89,292      $    --     $89,292    $89,292

Partners' (deficit) capital
   at December 31, 1998                   89,292      $(9,034)    $ 7,837    $(1,197)

Distribution paid to partners                 --         (458)     (4,687)    (5,145)

Net income for the year ended
   December 31, 1999                          --          237       1,770      2,007

Partners' (deficit) capital at
   December 31, 1999                      89,292       (9,255)      4,920     (4,335)

Distribution paid to partners                 --         (469)     (3,502)    (3,971)

Net income for the year
   ended December 31, 2000                    --          192       1,439      1,631

Partners' (deficit) capital
   at December 31, 2000                   89,292      $(9,532)    $ 2,857    $(6,675)
</TABLE>

              See Accompanying Notes to Consolidated Financial Statements


<PAGE>


                           CENTURY PROPERTIES FUND XIX

                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                 (in thousands)
<TABLE>
<CAPTION>

                                                              Years Ended December 31,
                                                                  2000        1999
Cash flows from operating activities:
<S>                                                             <C>          <C>
  Net income                                                    $ 1,631      $ 2,007
  Adjustments to reconcile net income to net
   cash provided by operating activities:
     Depreciation                                                 3,319        3,046
     Amortization of loan costs and discount                         98          112
     Change in accounts:
       Receivables and deposits                                      58          161
       Other assets                                                 (41)         (72)
       Accounts payable                                              58          (33)
       Tenant security deposit payable                                8           (2)
       Accrued property taxes                                       (48)           2
       Other liabilities                                            465           72

          Net cash provided by operating activities               5,548        5,293

Cash flows from investing activities:
  Property improvements and replacements                         (1,799)      (1,681)
  Net withdrawals from (deposits to) restricted escrows             194          (68)

          Net cash used in investing activities                  (1,605)      (1,749)

Cash flows from financing activities:
  Payments on mortgage notes payable                               (700)        (637)
  Distribution to partners                                       (3,971)      (5,145)

          Net cash used in financing activities                  (4,671)      (5,782)

Net decrease in cash and cash equivalents                          (728)      (2,238)

Cash and cash equivalents at beginning of the year                2,900        5,138

Cash and cash equivalents at end of year                        $ 2,172      $ 2,900

Supplemental disclosure of cash flow information:
  Cash paid for interest                                        $ 4,991      $ 4,806
Supplemental information of non-cash activity:
  Property improvements and replacements in accounts
   payable                                                      $   132      $   165
</TABLE>

              See Accompanying Notes to Consolidated Financial Statements
<PAGE>

                           CENTURY PROPERTIES FUND XIX

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                December 31, 2000


Note A - Organization and Significant Accounting Policies

Organization

Century Properties Fund XIX (the "Partnership" or "Registrant"), is a California
Limited  Partnership  organized in August 1982, to operate and  ultimately  sell
residential  apartment  complexes.  As of December  31,  2000,  the  Partnership
operated eight residential  apartment  complexes  located  throughout the United
States.  The general  partner of the Partnership is Fox Partner II, a California
general  partnership.  The general  partners of Fox  Partners II are Fox Capital
Management  Corporation ("FCMC" or the "Managing General Partner"), a California
corporation, Fox Realty Investors ("FRI"), a California general partnership, and
Fox Partners 83, a California general partnership.  The Managing General Partner
is a subsidiary of Apartment  Investment and Management  Company  ("AIMCO") (see
"Note B - Transfer  of  Control").  The  capital  contributions  of  $89,292,000
($1,000  per unit) were made by the  limited  partners,  including  100  Limited
Partnership Units purchased by FCMC. The Partnership Agreement provides that the
Partnership is to terminate on December 31, 2007 unless terminated prior to such
date.

Principles of Consolidation

The Registrant's  financial  statements  include the accounts of Misty Woods CPF
19, LLC, a limited liability  company in which the Registrant  ultimately owns a
100% economic  interest.  All significant  inter-entity  transactions  have been
eliminated.

Use of Estimates

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect the amounts reported in the financial  statements and accompanying notes.
Actual results could differ from those estimates.

Allocation of Income, Loss and Distribution

Net income,  net loss and distributions of cash of the Partnership are allocated
between  general and limited  partners in accordance  with the provisions of the
Partnership Agreement.

Fair Value of Financial Instruments

Statement of Financial Accounting Standards ("SFAS") No. 107, "Disclosures about
Fair Value of Financial  Instruments",  as amended by SFAS No. 119, "Disclosures
about Derivative Financial Instruments and Fair Value of Financial Instruments",
requires  disclosure  of fair value  information  about  financial  instruments,
whether or not recognized in the balance  sheet,  for which it is practicable to
estimate  fair  value.  Fair value is defined in the SFAS as the amount at which
the  instruments  could be exchanged in a current  transaction  between  willing
parties,  other than in a forced or liquidation  sale. The Partnership  believes
that the  carrying  amount of its  financial  instruments  (except for long term
debt)  approximates  their fair value due to the short  term  maturity  of these
instruments.  The  fair  value  of  the  Partnership's  long  term  debt,  after
discounting the scheduled loan payments to maturity,  approximates  its carrying
amount.

Cash and Cash Equivalents

Includes cash on hand, and in banks and money market accounts. At certain times,
the amount of cash deposited at a bank may exceed the limit on insured deposits.
Cash  balances  include  approximately  $1,511,000 at December 31, 2000 that are
maintained by the affiliated management company on behalf of affiliated entities
in cash concentration accounts.

Reserve Account

As a condition of  refinancing  the debt of Sunrunner,  Misty Woods and McMillan
Place, the Registrant was required to establish  reserve  accounts.  The reserve
accounts  were  established  to cover  necessary  repairs  and  replacements  of
existing  improvements,  debt  service,  out of  pocket  expenses  incurred  for
ordinary and necessary  administrative tasks, and payment of real property taxes
and insurance  premiums.  The  Partnership  is required to deposit net operating
income (as defined in the  mortgage  note) from each  refinanced  property.  The
balance  at  December  31,  2000,  is  approximately  $126,000,  which  includes
interest.

Tenant Security Deposits

The Partnership  requires security deposits from lessees for the duration of the
lease and such deposits are included in receivables  and deposits.  Deposits are
refunded when the tenant vacates, provided the tenant has not damaged his or her
space and is current on rental payments.

Investment Properties

Investment  properties  consist of eight  apartment  complexes and are stated at
cost.  Acquisition fees are capitalized as a cost of real estate.  In accordance
with Financial  Accounting  Statements Board Statement No. 121,  "Accounting for
the  Impairment of Long-Lived  Assets and for  Long-Lived  Assets to Be Disposed
Of", the  Partnership  records  impairment  losses on long-lived  assets used in
operations  when  events and  circumstances  indicate  that the assets  might be
impaired  and the  undiscounted  cash flows  estimated  to be generated by those
assets are less than the carrying  amounts of those  assets.  Costs of apartment
properties  that have  been  permanently  impaired  have  been  written  down to
appraised  value.  No  adjustments  for impairment of value were recorded in the
years ended December 31, 2000 or 1999.

Depreciation

Depreciation is provided by the straight-line method over the estimated lives of
the apartment  properties and related personal property.  For Federal income tax
purposes,  the  accelerated  cost recovery  method is used (1) for real property
over 15 years for  additions  prior to March 16,  1984,  18 years for  additions
after March 15, 1984 and before May 9, 1985,  and 19 years for  additions  after
May 8, 1985, and before  January 1, 1987,  and (2) for personal  property over 5
years for additions  prior to January 1, 1987. As a result of the Tax Reform Act
of 1986, for additions  after December 31, 1986, the modified  accelerated  cost
recovery method is used for  depreciation of (1) real property over 27 1/2 years
and (2) personal property additions over 5 years.

Leases

The Registrant  generally leases apartment units for twelve-month terms or less.
The  Partnership  recognizes  income as earned on its leases.  In addition,  the
Managing  General  Partner's  policy  is  to  offer  rental  concessions  during
particularly  slow months or in response to heavy competition from other similar
complexes  in the  area.  Concessions  are  charged  against  rental  income  as
incurred.

Advertising Costs

The Registrant expenses the costs of advertising as incurred.  Advertising costs
of approximately $274,000 and $255,000 for the years ended December 31, 2000 and
1999, respectively, were charged to operating expense as incurred.

Loan Costs

Loan costs of  approximately  $1,060,000  are  included  in other  assets in the
accompanying   consolidated   balance  sheet  and  are  being   amortized  on  a
straight-line  basis  over  the  life  of  the  loans.  At  December  31,  2000,
accumulated  amortization is approximately $681,000.  Amortization of loan costs
is included in interest expense.

Segment Reporting

SFAS  No.  131,   "Disclosure  about  Segments  of  an  Enterprise  and  Related
Information"  established standards for the way that public business enterprises
report information about operating  segments in annual financial  statements and
requires that those  enterprises  report  selected  information  about operating
segments in interim financial reports. It also establishes standards for related
disclosures about products and services,  geographic areas, and major customers.
As defined in SFAS No. 131, the  Partnership  has only one  reportable  segment.
Moreover, due to the very nature of the Partnership's  operations,  the Managing
General Partner  believes that  segment-based  disclosures  will not result in a
more  meaningful  presentation  than the  consolidated  financial  statements as
presently presented.

Note B - Transfer of Control

Pursuant  to a series  of  transactions  which  closed  on  October  1, 1998 and
February 26, 1999,  Insignia Financial Group, Inc. and Insignia Properties Trust
merged into AIMCO, a publicly traded real estate  investment  trust,  with AIMCO
being the surviving  corporation  (the "Insignia  Merger").  As a result,  AIMCO
acquired 100% ownership  interest in the Managing General Partner.  The Managing
General  Partner does not believe that this  transaction  has had or will have a
material effect on the affairs and operations of the Partnership.

Note C - Mortgage Notes Payable
<TABLE>
<CAPTION>

                             Principal     Monthly                            Principal
                            Balance At     Payment      Stated                 Balance
                           December 31,   Including    Interest  Maturity       Due At
         Property              2000        Interest      Rate      Date        Maturity
                                 (in thousands)                             (in thousands)
<S>                           <C>          <C>          <C>      <C>   <C>     <C>
Wood Lake Apartments          $ 7,122      $ 57         7.50%    01/01/03      $ 6,792
Greenspoint Apartments          8,541        68         8.33%    05/15/05        7,988
Sandspoint Apartments           9,487        76         8.33%    05/15/05        8,874
Vinings Peak Apartments         8,270        67         7.50%    01/01/03        7,888
Plantation Crossing
  Apartments                    4,825        39         7.50%    01/01/03        4,602
Sunrunner Apartments            3,250        20 (1)     7.33%    11/01/03        3,250
McMillan Place Apartments
   1st Mortgage                10,219        78 (1)     9.15%    10/31/02       10,219
   2nd Mortgage                 2,143        -- (2)     9.15%    10/31/02        2,101
Misty Woods Apartments          5,181        40         7.88%    01/01/06        4,777
                              $59,038      $445                                $56,491
</TABLE>

(1)      Payments are interest only.

(2)      Payments are interest only, principal balance due at maturity is net of
         mortgage premium of approximately $42,000.

On January 29, 1998,  the Managing  General  Partner  successfully  negotiated a
modification of the terms of the mortgages encumbering McMillan Place, which had
been in default since January 20, 1997.  The first  mortgage  requires  interest
only  payments  through  October 31, 2001,  at a rate of 9.15% and for the final
year,  at a fixed rate of 325 basis points plus the  annualized  yield on United
States Treasury  non-callable bonds having a one year maturity, as determined at
November 1, 2001.  In addition,  any excess cash as defined in the modified loan
agreement  is required to be  remitted to the  mortgage  holder by January 20 of
each year to be  applied  to  outstanding  principal  and  interest.  Additional
interest is  required  to be paid upon  maturity of the note equal to 50% of the
increase in the  appreciated  fair market  value of  McMillan  Place,  which was
stipulated as $12,860,000 at the time of  restructuring,  as defined in the note
agreement.  At December 31, 2000 the Managing  General  Partner  estimated  that
there  had been an  increase  in the fair  market  value of  McMillan  Place and
accordingly  a liability  for $250,000  was  recorded at December 31, 2000.  The
second mortgage balance of approximately  $2,143,000  consists of a non-interest
bearing  portion of $800,000,  which is due at the maturity  date of October 31,
2002,  and an interest  bearing  portion of  $1,343,000.  The  interest  bearing
portion has a stated  interest  rate of 9.15%.  Interest on the modified debt is
being  recorded at an effective  rate of 9.15% for the first  mortgage and 4.47%
for the second mortgage which are the rates required to equate the present value
of the total future cash payments  under the new terms with the carrying  amount
of the loans at the date of modification. In connection with the modification, a
former affiliate  advanced $270,000 to the Partnership.  This amount was used as
part of the payment of accrued interest on the second mortgage.  This advance is
due upon sale and/or refinancing of the property.

The mortgage  notes  payable are  non-recourse  and are secured by pledge of the
respective  apartment  properties  and by pledge of revenues from the respective
apartment  properties.  The notes impose prepayment penalties if repaid prior to
maturity.   Further,  the  properties  may  not  be  sold  subject  to  existing
indebtedness.

Scheduled  principal  payments  of the  mortgage  notes  payable  subsequent  to
December 31, 2001, are as follows (in thousands):

                               2001        $   775
                               2002         13,150
                               2003         22,888
                               2004            386
                               2005         17,062
                            Thereafter       4,777
                                           $59,038

Note D - Distributions

During  the  year  ended   December  31,  2000,  the   Partnership   distributed
approximately  $3,971,000  (approximately  $3,502,000 to the limited partners or
$39.22 per limited  partnership  unit) from  operations.  Subsequent to the year
ended December 31, 2000, the Partnership  distributed  approximately  $1,375,000
(approximately  $1,213,000  to  the  limited  partners  or  $13.58  per  limited
partnership unit) from operations.

During  the  year  ended   December  31,  1999,  the   Partnership   distributed
approximately  $5,145,000  (approximately  $4,687,000  to the limited  partners,
$52.49 per limited partnership unit).  Approximately  $3,623,000  (approximately
$3,195,000 to the limited partners,  $35.78 per limited partnership unit) of the
distribution  was from operations and  approximately  $1,522,000  (approximately
$1,492,000 to the limited  partners,  $16.71 per limited  partnership  unit) was
from the remaining  proceeds of the sale of Parkside  Village  Apartments in May
1993.

Note E - Income Taxes

The Registrant has received a ruling from the Internal  Revenue  Service that it
is classified as a partnership for Federal income tax purposes.  Accordingly, no
provision for income taxes is made in the consolidated  financial  statements of
the  Partnership.  Taxable  income or loss of the  Registrant is reported in the
income tax returns of its partners.

The  following is a  reconciliation  of reported net income and Federal  taxable
income (in thousands, except per unit data):

                                                           2000         1999
Net income as reported                                    $ 1,631     $ 2,007
Add (deduct):
   Depreciation differences                                  (152)       (397)
   Other                                                      305          21
   Unearned income                                             56         (57)
Federal taxable income                                    $ 1,840     $ 1,574
Federal taxable income per limited partnership unit       $ 18.18     $ 15.55

The following is a reconciliation  between the Registrant's reported amounts and
Federal tax basis of net assets and liabilities (in thousands):

                                                  2000

Net liabilities as reported                     $ (6,675)
Land and buildings                                (4,859)
Accumulated depreciation                         (25,405)
Syndication and distribution costs                 4,451
Unearned income                                      376
Other                                                394
Deferred Sales Commission                          7,947

Net liabilities - Federal tax basis             $(23,771)

Note F - Transactions with Affiliated Parties

The  Partnership  has no employees  and is  dependent  on the  Managing  General
Partner  and  its  affiliates  for  the  management  and  administration  of all
Partnership  activities.  The  Partnership  Agreement  provides  for (i) certain
payments to affiliates for services and (ii)  reimbursement  of certain expenses
incurred by affiliates on behalf of the Partnership.

The following  payments to the Managing  General Partner and its affiliates were
incurred during the years ended December 31, 2000 and 1999:

                                                      2000         1999
                                                       (in thousands)
Property management fees (included in
   operating expense)                                 $889         $865
Reimbursement for services of affiliates,
   (included in investment properties and
   operating, general and administrative
   expenses)                                           213          169
Partnership management fee (included in
   general partner distributions)                      397          362

During the years ended  December 31, 2000 and 1999,  affiliates  of the Managing
General  Partner were  entitled to receive 5% of gross  receipts from all of the
Registrant's  properties  as  compensation  for  providing  property  management
services.  The Registrant  paid to such  affiliates  approximately  $889,000 and
$865,000 for the years ended December 31, 2000 and 1999, respectively.

An  affiliate  of  the  Managing  General  Partner  received   reimbursement  of
accountable  administrative  expenses  amounting to  approximately  $213,000 and
$169,000 for the years ended December 31, 2000 and 1999, respectively.

Pursuant  to  the  Partnership  Agreement,  for  managing  the  affairs  of  the
Partnership, the general partner is entitled to receive a Partnership management
fee  equal  to  10%  of the  Partnership's  adjusted  cash  from  operations  as
distributed.  Approximately $397,000 and $362,000 in Partnership management fees
were paid along with the  distributions  from  operations  made during the years
ended December 31, 2000 and 1999, respectively.

An  affiliate  of  the  Managing  General  Partner  has  made  available  to the
Partnership  a  credit  line  of  up to  $150,000  per  property  owned  by  the
Partnership.  The Partnership has no outstanding  amounts due under this line of
credit. Based on present plans, the Managing General Partner does not anticipate
the need to borrow in the near future. Other than cash and cash equivalents, the
line of credit is the Partnership's only unused source of liquidity.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates owned 49,170.66 limited partnership units
in the Partnership  representing 55.07% of the outstanding units at December 31,
2000. A number of these units were  acquired  pursuant to tender  offers made by
AIMCO or its  affiliates.  It is  possible  that  AIMCO or its  affiliates  will
acquire additional limited partnership  interests in the Partnership for cash or
in exchange  for units in the  operating  partnership  of AIMCO  either  through
private  purchases or tender offers.  In this regard, on February 8, 2001, AIMCO
Properties, L.P., commenced a tender offer to acquire all of the Units not owned
by  affiliates  of AIMCO for a purchase  price of $289.18 per Unit.  Pursuant to
this  offer,  AIMCO  acquired an  additional  562 units  resulting  in its total
ownership being increased to 49,732.66 units or 55.70% of the total  outstanding
units. Under the Partnership  Agreement,  unitholders  holding a majority of the
Units are  entitled to take action with  respect to a variety of matters,  which
would  include  without   limitation,   voting  on  certain  amendments  to  the
Partnership  Agreement and voting to remove the Managing General  Partner.  As a
result  of its  ownership  of  55.70% of the  outstanding  units,  AIMCO is in a
position to influence all voting decisions with respect to the Registrant.  When
voting on matters, AIMCO would in all likelihood vote the Units it acquired in a
manner  favorable  to the interest of the Managing  General  Partner  because of
their affiliation with the Managing General Partner. However, IPLP, an affiliate
of the Managing General Partner, is required to vote 24,811.66 of its Units: (i)
against any proposal to increase the fees and other compensation  payable by the
Partnership to the Managing General Partner and any of its affiliates;  and (ii)
on all other  matters  submitted by it or its  affiliates,  in proportion to the
votes cast by non tendering  unit holders.  Except for the  foregoing,  no other
limitations are imposed on IPLP's right to vote its Units.

Note G - Real Estate and Accumulated Depreciation
<TABLE>
<CAPTION>

                                                      Initial Cost
                                                     To Partnership
                                                     (in thousands)

                                                             Buildings       Net Cost
                                                            and Related     Capitalized
                                                             Personal      Subsequent to
        Description            Encumbrances       Land       Property       Acquisition
                              (in thousands)                              (in thousands)

<S>                              <C>            <C>           <C>             <C>
Wood Lake Apartments             $ 7,122        $ 1,206       $10,980         $ 1,167
Greenspoint Apartments             8,541          2,165        11,199           1,094
Sandspoint Apartments              9,487          2,124        13,158           1,518
Vinings Peak Apartments            8,270          1,632        12,321           1,404
Plantation Crossing
  Apartments                       4,825          1,062         7,576           1,093
Sunrunner Apartments               3,250            634         6,485             643
McMillan Place Apartments         12,362          2,399        10,826           1,480
Misty Woods Apartments             5,181            429         6,846           1,080
                                 $59,038        $11,651       $79,391         $ 9,479
</TABLE>

<TABLE>
<CAPTION>

                     Gross Amount At Which Carried
                         At December 31, 2000
                            (in thousands)

                                Buildings
                               And Related                           Year of
                                Personal                Accumulated  Construc-  Date   Depreciable
   Description         Land     Property      Total    Depreciation    tion   Acquired Life-Years
                                                      (in thousands)

<S>                  <C>         <C>         <C>          <C>          <C>     <C>      <C>
Wood Lake Apartments $ 1,206     $12,147     $13,353      $ 7,024      1983    12/83    5-30 yrs
Greenspoint
  Apartments           2,140      12,318      14,458        6,748      1984     2/84    5-30 yrs
Sandspoint             2,147      14,653      16,800        8,000      1984     2/84    5-30 yrs
Apartments
Vinings Peak
  Apartments           1,632      13,725      15,357        7,795      1982     4/84    5-30 yrs
Plantation
Crossing
  Apartments           1,062       8,669       9,731        4,822      1980     6/84    5-30 yrs
Sunrunner                587       7,175       7,762        4,140      1981     7/84    5-30 yrs
Apartments
McMillan Place
  Apartments           2,427      12,278      14,705        6,650      1985     6/85    5-30 yrs
Misty Woods
  Apartments             434       7,921       8,355        4,155      1985     6/85    5-30 yrs
                     $11,635     $88,886     $100,521     $49,334
</TABLE>

Reconciliation of "Real Estate and Accumulated Depreciation":

                                              Years Ended December 31,
                                                 2000          1999
                                                   (in thousands)
Investment Properties
Balance at beginning of year                   $ 98,755       $96,909
    Property improvements                         1,766         1,846
Balance at end of year                         $100,521       $98,755

Accumulated Depreciation
Balance at beginning of year                   $ 46,015       $42,969
    Additions charged to expense                  3,319         3,046
Balance at end of year                         $ 49,334       $46,015

The  aggregate  cost of the real  estate  for  Federal  income tax  purposes  at
December  31,  2000 and 1999,  is  approximately  $95,662,000  and  $93,817,000,
respectively.  The accumulated  depreciation  for Federal income tax purposes at
December  31,  2000 and  1999,  is  approximately  $74,739,000  and  $71,268,000
respectively.

Note H - Legal Proceedings

In March 1998, several putative unit holders of limited partnership units of the
Partnership  commenced an action  entitled  Rosalie  Nuanes,  et al. v. Insignia
Financial  Group,  Inc., et al. in the Superior Court of the State of California
for the County of San Mateo. The plaintiffs  named as defendants,  among others,
the  Partnership,  its Managing  General Partner and several of their affiliated
partnerships  and corporate  entities.  The action  purports to assert claims on
behalf of a class of limited  partners and derivatively on behalf of a number of
limited  partnerships  (including  the  Partnership)  which are named as nominal
defendants,  challenging,  among other things,  the  acquisition of interests in
certain general partner entities by Insignia Financial Group, Inc.  ("Insignia")
and entities which were, at one time, affiliates of Insignia; past tender offers
by the Insignia affiliates to acquire limited  partnership units;  management of
the  partnerships  by the  Insignia  affiliates;  and the Insignia  Merger.  The
plaintiffs  seek  monetary  damages and  equitable  relief,  including  judicial
dissolution of the  Partnership.  On June 25, 1998, the Managing General Partner
filed a motion  seeking  dismissal of the action.  In lieu of  responding to the
motion, the plaintiffs filed an amended complaint.  The Managing General Partner
filed demurrers to the amended complaint which were heard February 1999.

Pending the ruling on such  demurrers,  settlement  negotiations  commenced.  On
November 2, 1999,  the parties  executed and filed a Stipulation  of Settlement,
settling claims, subject to court approval, on behalf of the Partnership and all
limited partners who owned units as of November 3, 1999. Preliminary approval of
the  settlement  was obtained on November 3, 1999 from the Court,  at which time
the Court set a final  approval  hearing for  December  10,  1999.  Prior to the
December  10,  1999  hearing,  the  Court  received  various  objections  to the
settlement, including a challenge to the Court's preliminary approval based upon
the alleged lack of authority of prior lead counsel to enter the settlement.  On
December 14, 1999, the Managing  General  Partner and its affiliates  terminated
the  proposed  settlement.  In  February  2000,  counsel  for some of the  named
plaintiffs filed a motion to disqualify plaintiff's lead and liaison counsel who
negotiated  the  settlement.  On June  27,  2000,  the  Court  entered  an order
disqualifying  them  from the case and an  appeal  was  taken  from the order on
October 5, 2000. On December 4, 2000, the Court  appointed the law firm of Lieff
Cabraser  Heimann & Bernstein  LLP as new lead  counsel for  plaintiffs  and the
putative class.  Plaintiffs filed a third amended complaint on January 19, 2001.
On March 2, 2001,  the  Managing  General  Partner  and its  affiliates  filed a
demurrer to the third amended  complaint.  The Managing General Partner does not
anticipate  that  costs  associated  with  this  case  will be  material  to the
Partnership's overall operations.

The  Partnership is unaware of any other pending or outstanding  litigation that
is not of a routine nature arising in the ordinary course of business.

Item 8.  Changes  in  and  Disagreements  with  Accountants  on  Accounting  and
         Financial Disclosures

         None.

<PAGE>


                                    PART III

Item 9. Directors, Executive Officers, Promoters and Control Persons, Compliance
        with Section 16(a) of the Exchange Act

Neither Century  Properties Fund XIX (the "Partnership" or the "Registrant") nor
Fox  Partners  II  ("Fox"),  the  general  partner of the  Partnership,  has any
officers  or  directors.  Fox  Capital  Management  Corporation  ("FCMC"  or the
"Managing  General  Partner"),  the managing general partner of Fox, manages and
controls  substantially  all  of  the  Partnership's  affairs  and  has  general
responsibility and ultimate authority in all matters affecting its business.

The names and ages of, as well as the positions and offices held by, the present
executive  officers and director of the Managing  General  Partner are set forth
below.  There are no family  relationships  between  or among  any  officers  or
directors.

   Name                    Age    Position

   Patrick J. Foye          43    Executive Vice President and Director

   Martha L. Long           41    Senior Vice President and Controller

Patrick J. Foye has been  Executive  Vice President and Director of the Managing
General  Partner  since October 1, 1998.  Mr. Foye has served as Executive  Vice
President  of AIMCO  since May 1998.  Prior to  joining  AIMCO,  Mr.  Foye was a
partner in the law firm of Skadden, Arps, Slate, Meagher & Flom LLP from 1989 to
1998 and was  Managing  Partner  of the  firm's  Brussels,  Budapest  and Moscow
offices from 1992  through  1994.  Mr. Foye is also Deputy  Chairman of the Long
Island  Power   Authority  and  serves  as  a  member  of  the  New  York  State
Privatization  Council.  He received a B.A. from Fordham College and a J.D. from
Fordham University Law School.

Martha L. Long has been Senior Vice  President  and  Controller  of the Managing
General  Partner and AIMCO since October 1998, as a result of the acquisition of
Insignia  Financial  Group,  Inc. From June 1994 until January 1997, she was the
Controller for Insignia, and was promoted to Senior Vice President - Finance and
Controller in January 1997,  retaining that title until October 1998.  From 1988
to June 1994,  Ms. Long was Senior Vice  President and  Controller for The First
Savings Bank, FSB in Greenville, South Carolina.

One or more of the above persons are also directors and/or officers of a general
partner (or general partner of a general partner) of limited  partnerships which
either have a class of  securities  registered  pursuant to Section 12(g) of the
Securities Exchange Act of 1934, or are subject to the reporting requirements of
Section  15(d) of such Act.  Further,  one or more of the above persons are also
directors and/or officers of Apartment Investment and Management Company and the
general  partner  of  AIMCO  Properties,  L.P.,  entities  that  have a class of
securities  registered  pursuant to Section 12(g) of the Securities Exchange Act
of 1934, or are subject to the reporting  requirements of Section 15 (d) of such
Act.

The executive  officers and director of the Managing General Partner fulfill the
obligations  of the Audit  Committee  and  oversee the  Partnership's  financial
reporting process on behalf of the Managing General Partner.  Management has the
primary  responsibility  for the financial  statements and the reporting process
including  the  systems  of  internal  controls.  In  fulfilling  its  oversight
responsibilities,  the executive  officers and director of the Managing  General
Partner reviewed the audited  financial  statements with management  including a
discussion  of the  quality,  not  just  the  acceptability,  of the  accounting
principles,  the  reasonableness  of significant  judgments,  and the clarity of
disclosures in the financial statements.

The executive  officers and director of the Managing  General  Partner  reviewed
with the independent auditors,  who are responsible for expressing an opinion on
the conformity of those audited  financial  statements  with generally  accepted
accounting  principles,  their  judgments  as  to  the  quality,  not  just  the
acceptability, of the Partnership's accounting principles and such other matters
as are required to be discussed with the Audit Committee or its equivalent under
generally  accepted  auditing  standards.   In  addition,  the  Partnership  has
discussed  with  the  independent  auditors  the  auditors'   independence  from
management and the Partnership  including the matters in the written disclosures
required by the Independence Standards Board and considered the compatibility of
non-audit services with the auditors' independence.

The executive  officers and director of the Managing  General Partner  discussed
with the  Partnership's  independent  auditors  the overall  scope and plans for
their audit. In reliance on the reviews and discussions  referred to above,  the
executive officers and director of the Managing General Partner has approved the
inclusion of the audited  financial  statements  in the Form 10-KSB for the year
ended December 31, 2000 for filing with the Securities and Exchange Commission.

The Managing  General Partner has  reappointed  Ernst & Young LLP as independent
auditors to audit the financial  statements of the  Partnership  for the current
fiscal  year.  Fees for the last  fiscal  year were  annual  audit  services  of
approximately  $66,000  and  non-audit  services  (principally  tax-related)  of
approximately $23,000.

Item 10.    Executive Compensation

Neither the  directors nor any of the officers of the Managing  General  Partner
received any remuneration from the Registrant.

Item 11.    Security Ownership of Certain Beneficial Owners and Management

Except as noted below, no person or entity was known by the Registrant to be the
beneficial owner of more than 5% of the Units of Limited Partnership Interest of
the Registrant as of December 31, 2000.


   Entity                             Number of Units      Percent of Total

   Insignia Properties, L.P.             25,228.66               28.26%
     (an affiliate of AIMCO)
   Fox Capital Management Corporation       100.00                 .11%
     (an affiliate of AIMCO)
   IPLP Acquisition I, LLC                4,892.00                5.48%
     (an affiliate of AIMCO)
   AIMCO Properties LP                   18,950.00               21.22%
     (an affiliate of AIMCO)

Insignia Properties LP, Fox Capital Management  Corporation and IPLP Acquisition
I, LLC are indirectly  ultimately  owned by AIMCO.  Their business address is 55
Beattie Place, Greenville, South Carolina 29602.

AIMCO Properties LP is indirectly  ultimately  controlled by AIMCO. Its business
address is 2000 South Colorado Boulevard, Denver, Colorado 80222.

No director or officer of the Managing General Partner owns any Units.

As a result of its  ownership of 49,170.66  limited  partnership  units,  AIMCO,
through its affiliates, could be in a position to influence all voting decisions
with respect to the Partnership.  Under the Partnership Agreement,  unit holders
holding a majority of the Units are  entitled  to take action with  respect to a
variety of matters.  When voting on matters,  IPLP would in all likelihood  vote
the Units it  acquired in a manner  favorable  to the  interest of the  Managing
General Partner because of its affiliation  with the Managing  General  Partner.
However,  IPLP is  required  to vote  24,811.66  of its Units:  (i)  against any
proposal to increase the fees and other compensation  payable by the Partnership
to the Managing General Partner and any of its affiliates; and (ii) on all other
matters  submitted by it or its  affiliates,  in proportion to the votes cast by
non tendering unit holders.  Except for the foregoing,  no other limitations are
imposed on IPLP's right to vote its Units.

Item 12.    Certain Relationships and Related Transactions

The  Partnership  has no employees  and is  dependent  on the  Managing  General
Partner  and  its  affiliates  for  the  management  and  administration  of all
Partnership  activities.  The  Partnership  Agreement  provides  for (i) certain
payments to affiliates for services and (ii)  reimbursement  of certain expenses
incurred by affiliates on behalf of the Partnership.

The following  payments to the Managing  General Partner and its affiliates were
incurred during the years ended December 31, 2000 and 1999:

                                                      2000         1999
                                                       (in thousands)

Property management fees                              $889         $865
Reimbursement for services of affiliates               213          169
Partnership management fee                             397          362

During the years ended  December 31, 2000 and 1999,  affiliates  of the Managing
General  Partner were  entitled to receive 5% of gross  receipts from all of the
Registrant's  properties  as  compensation  for  providing  property  management
services.  The Registrant  paid to such  affiliates  approximately  $889,000 and
$865,000 for the years ended December 31, 2000 and 1999, respectively.

An  affiliate  of  the  Managing  General  Partner  received   reimbursement  of
accountable  administrative  expenses  amounting to  approximately  $213,000 and
$169,000 for the years ended December 31, 2000 and 1999, respectively.

Pursuant  to  the  Partnership  Agreement,  for  managing  the  affairs  of  the
Partnership, the general partner is entitled to receive a Partnership management
fee  equal  to  10%  of the  Partnership's  adjusted  cash  from  operations  as
distributed.  Approximately $397,000 and $362,000 in Partnership management fees
were paid along with the  distributions  from  operations  made during the years
ended December 31, 2000 and 1999, respectively.

An  affiliate  of  the  Managing  General  Partner  has  made  available  to the
Partnership  a  credit  line  of  up to  $150,000  per  property  owned  by  the
Partnership.  The Partnership has no outstanding  amounts due under this line of
credit. Based on present plans, the Managing General Partner does not anticipate
the need to borrow in the near future. Other than cash and cash equivalents, the
line of credit is the Partnership's only unused source of liquidity.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates owned 49,170.66 limited partnership units
in the Partnership  representing 55.07% of the outstanding units at December 31,
2000. A number of these units were  acquired  pursuant to tender  offers made by
AIMCO or its  affiliates.  It is  possible  that  AIMCO or its  affiliates  will
acquire additional limited partnership  interests in the Partnership for cash or
in exchange  for units in the  operating  partnership  of AIMCO  either  through
private  purchases or tender offers.  In this regard, on February 8, 2001, AIMCO
Properties, L.P., commenced a tender offer to acquire all of the Units not owned
by  affiliates  of AIMCO for a purchase  price of $289.18 per Unit.  Pursuant to
this  offer,  AIMCO  acquired an  additional  562 units  resulting  in its total
ownership being increased to 49,732.66 units or 55.70% of the total  outstanding
units. Under the Partnership  Agreement,  unitholders  holding a majority of the
Units are  entitled to take action with  respect to a variety of matters,  which
would  include  without   limitation,   voting  on  certain  amendments  to  the
Partnership  Agreement and voting to remove the Managing General  Partner.  As a
result  of its  ownership  of  55.70% of the  outstanding  units,  AIMCO is in a
position to influence all voting decisions with respect to the Registrant.  When
voting on matters, AIMCO would in all likelihood vote the Units it acquired in a
manner  favorable  to the interest of the Managing  General  Partner  because of
their affiliation with the Managing General Partner. However, IPLP, an affiliate
of the Managing General Partner, is required to vote 24,811.66 of its Units: (i)
against any proposal to increase the fees and other compensation  payable by the
Partnership to the Managing General Partner and any of its affiliates;  and (ii)
on all other  matters  submitted by it or its  affiliates,  in proportion to the
votes cast by non tendering  unit holders.  Except for the  foregoing,  no other
limitations are imposed on IPLP's right to vote its Units.

Item 13.  Exhibits and Reports on Form 8-K

      (a) Exhibits:

          None.

      (b) Reports on Form 8-K filed in the fourth quarter of calendar year 2000:

          None.

<PAGE>


                                   SIGNATURES



Pursuant to the  requirements  of Section 13 or 15(d) of the  Exchange  Act, the
Registrant has caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.


                                    CENTURY PROPERTIES FUND XIX


                                    By:   FOX PARTNERS II,
                                          Its General Partner


                                    By:   FOX CAPITAL MANAGEMENT CORPORATION,
                                          Its Managing General Partner


                                    By:   /s/Patrick J. Foye
                                          Patrick J. Foye
                                          Executive Vice President


                                    By:   /s/Martha L. Long
                                          Martha L. Long
                                          Senior Vice President
                                          and Controller


                                    Date: March 27, 2001


Pursuant to the  requirements  of the Exchange  Act, this report has been signed
below by the following persons on behalf of the Registrant and in the capacities
on the date indicated.


/s/Patrick J. Foye            Executive Vice President      Date: March 27, 2001
Patrick J. Foye               and Director


/s/Martha L. Long             Senior Vice President         Date: March 27, 2001
Martha L. Long                and Controller




<PAGE>


                       CENTURY PROPERTIES INCOME FUND XIX
                                  EXHIBIT INDEX



Exhibit Number                      Description of Exhibit

     2.1  NPI,  Inc.  Stock  Purchase  Agreement,  dated as of August  7,  1995,
          incorporated by reference to the  Registrant's  Current Report on Form
          8-K dated August 7, 1995.

     2.2  Partnership  Units  Purchase  Agreement  dated as of August 17,  1995,
          incorporated by reference to Exhibit 2.1 to Form 8-K filed by Insignia
          Financial Group,  Inc.  ("Insignia")  with the Securities and Exchange
          Commission on September 1, 1995.

     2.3  Management   Purchase   Agreement   dated  as  of  August  17,   1995,
          incorporated by reference to Exhibit 2.2 to Form 8-K filed by Insignia
          with the Securities and Exchange Commission on September 1, 1995.

     2.4  Agreement  and Plan of Merger,  dated as of  October  1, 1998,  by and
          between  AIMCO and IPT  (incorporated  by  reference to Exhibit 2.1 of
          Registrant's Current Report on Form 8-K dated October 1, 1998).

     3.4  Agreement of Limited Partnership, incorporated by reference to Exhibit
          A to the Prospectus of the  Partnership  dated  September 20, 1983, as
          amended on June 13, 1989, and as thereafter  supplemented contained in
          the  Registrant's  Registration  Statement  on  Form  S-11  (Reg.  No.
          2-79007).

     10.1 Amended and  Restated  Note A, made as of  September  1, 1994,  by the
          Registrant in favor of The Travelers  Insurance Company  ("Travelers")
          in the principal  amount of $10,800,000,  incorporated by reference to
          the Registrant's Form 10-Q for the quarter ended September 30, 1994.

     10.2 Amended and  Restated  Note B, made as of  September  1, 1994,  by the
          Registrant  in  favor  of  Travelers  in  the   principal   amount  of
          $2,138,673.53, incorporated by reference to the Registrant's Form 10-Q
          for the quarter ended September 30, 1994.

     10.3 Amended and  Restated  Deed of Trust,  dated as of  September 1, 1994,
          between the Registrant and Travelers, incorporated by reference to the
          Registrant's Form 10-Q for the quarter ended September 30, 1994.

     10.4 Amended and Restated Note B, made as of September 1, 1994, between the
          Registrant   and   Travelers,   incorporated   by   reference  to  the
          Registrant's Form 10-Q for the quarter ended September 30, 1994.

     10.5 Promissory  Note made December 15, 1995, by the Registrant in favor of
          Connecticut  General Life Insurance Company ("CIGNA") in the principal
          amount of $22,000,000  relating to the  refinancing of Wood Lake, Wood
          Ridge,  and Plantation  Crossing  incorporated by reference to Exhibit
          10.5 to the  Partnership's  Annual  Report  on Form  10-K for the year
          ended December 31, 1995.

     10.6 Form of Deed to Secure Debt and Security Agreement from the Registrant
          to CIGNA  relating to the  refinancing of Wood Lake,  Wood Ridge,  and
          Plantation  Crossing  incorporated by reference to Exhibit 10.6 to the
          Partnership's  Annual Report on Form 10-K for the year ended  December
          31, 1995.

     10.7 First   Mortgage  Note  from  the   Registrant  to  Secore   Financial
          Corporation  ("Secore")  relating  to the  refinancing  of Misty Woods
          Apartments   incorporated   by   reference  to  Exhibit  10.7  to  the
          Partnership's  Annual Report on Form 10-K for the year ended  December
          31, 1995.

     10.8 First Mortgage and Security  Agreement  dated as of December 29, 1995,
          from the  Registrant to Secore  relating to the  refinancing  of Misty
          Woods  Apartments  incorporated  by  reference  to Exhibit 10.8 to the
          Partnership  Annual  Report on Form 10-K for the year  ended  December
          31,1995.

     10.9 Multifamily Note secured by a Mortgage or Deed of Trust dated November
          1, 1996,  between  Century  Properties  Fund XIX and  Lehman  Brothers
          Holdings,  Inc.,  d/b/a Lehman Capital,  a Division of Lehman Brothers
          Holdings Inc.,  d/b/a Lehman  Capital,  a Division of Lehman  Brothers
          Holdings  Inc.,  relating  to  Sunrunner  Apartments  incorporated  by
          reference to Exhibit 10.9 to the  Partnership's  Annual Report on Form
          10-K for the year ended December 31, 1995.

     10.10Amendment  to Amended and  Restated  Note A dated  January  29,  1998,
          between the Partnership and The Travelers  Insurance  Company relating
          to McMillan Place.

     10.11Amendment  to Amended and  Restated  Note B dated  January  29,  1998,
          between the Partnership and The Travelers  Insurance  Company relating
          to McMillan Place.

     16.0 Letter from the Registrant's  former  Independent  Auditor dated April
          27, 1994, incorporated by reference to the Registrant's Current Report
          on Form 8-K dated April 22, 1994.

     16.1 Letter from the Registrant's former Independent Auditor dated November
          11, 1998, incorporated by reference to the Registrant's Current Report
          on Form 8-K dated November 16, 1998.