FORM 10-QSB-- QUARTERLY OR TRANSITIONAL REPORT UNDER SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934
                        Quarterly or Transitional Report



                      U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-QSB

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

                 For the quarterly period ended September 30, 2001


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


                For the transition period from _________to _________

                         Commission file number 0-10304


                               ANGELES PARTNERS X
         (Exact name of small business issuer as specified in its charter)



         California                                             95-3557899
(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)

                                 (864) 239-1000
                           (Issuer's telephone number)


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 Partnership was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes X No___


                         PART I - FINANCIAL INFORMATION



ITEM 1.     FINANCIAL STATEMENTS


a)

                               ANGELES PARTNERS X
                           CONSOLIDATED BALANCE SHEET
                          (in thousands, except unit data)
                                   (Unaudited)

                               September 30, 2001


<TABLE>
<CAPTION>

Assets
<S>                                                       <C>              <C>
   Cash and cash equivalents                                               $   134
   Receivables and deposits                                                     25
   Restricted escrows                                                           60
   Other assets                                                                227
   Investment properties:
      Land                                                 $    312
      Buildings and related personal property                10,242
                                                             10,554
      Less accumulated depreciation                          (7,458)         3,096
                                                                           $ 3,542

Liabilities and Partners' Deficit
Liabilities
   Accounts payable                                                         $  189
   Tenant security deposit liabilities                                          21
   Accrued property taxes                                                       40
   Other liabilities                                                           124
   Due to General Partner                                                       89
   Mortgage notes payable                                                    8,557

Partners' Deficit
   General partner                                         $   (247)
   Limited partners (18,625 units issued and
      outstanding)                                           (5,231)        (5,478)
                                                                           $ 3,542


<PAGE>

          See Accompanying Notes to Consolidated Financial Statements
</TABLE>


b)

                               ANGELES PARTNERS X
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)
                          (in thousands, except unit data)

<TABLE>
<CAPTION>


                                           Three Months Ended      Nine months Ended
                                             September 30,           September 30,
                                            2001        2000        2001        2000
Revenues:
<S>                                        <C>        <C>         <C>          <C>
  Rental income                            $  584     $   566     $ 1,759      $ 1,711
  Other income                                 44          44         127          148
        Total revenues                        628         610       1,886        1,859

Expenses:
  Operating                                   248         266         694          717
  General and administrative                   51         103         163          184
  Depreciation                                122         110         370          337
  Interest                                    173         176         521          510
  Property taxes                               48          46         135          143
        Total expenses                        642         701       1,883        1,891

Net (loss) income                          $  (14)    $   (91)    $     3      $   (32)

Net income (loss) allocated to
  general partner (1%)                     $   --     $    (1)    $    --      $    --
Net (loss) income allocated to
  limited partners (99%)                      (14)        (90)          3          (32)
                                           $  (14)    $   (91)    $     3      $   (32)

 Net (loss) income per limited
   partnership unit                        $ (.75)    $ (4.83)    $   .16      $ (1.72)
 Distribution per limited partnership
   unit                                    $ 8.27     $    --     $  8.27      $ 34.52


            See Accompanying Notes to Consolidated Financial Statements
</TABLE>

<PAGE>


c)

                                 ANGELES PARTNERS X
               CONSOLIDATED STATEMENT OF CHANGES IN PARTNERS' DEFICIT
                                   (Unaudited)
                          (in thousands, except unit data)


<TABLE>
<CAPTION>

                                      Limited
                                     Partnership     General      Limited
                                        Units        Partner     Partners     Total

<S>                                    <C>             <C>        <C>        <C>
Original capital contributions         18,714         $    1      $18,714    $18,715

Partners' deficit at
   December 31, 2000                   18,625         $ (245)     $(5,080)   $(5,325)

Distributions to partners                  --             (2)        (154)      (156)

Net income for the nine months
   ended September 30, 2001                --             --            3          3

Partners' deficit
   at September 30, 2001               18,625         $ (247)     $(5,231)   $(5,478)


            See Accompanying Notes to Consolidated Financial Statements
</TABLE>

<PAGE>


d)

                               ANGELES PARTNERS X
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)
                                  (in thousands)
<TABLE>
<CAPTION>

                                                                 Nine Months Ended
                                                                   September 30,
                                                                  2001        2000
Cash flows from operating activities:
<S>                                                               <C>         <C>
  Net income (loss)                                               $   3        $ (32)
  Adjustments to reconcile net income (loss) to net cash
   provided by operating activities:
   Depreciation                                                     370          337
   Amortization of discounts and loan costs                          32           25
   Change in accounts:
      Receivables and deposits                                       61          150
      Other assets                                                  (59)         (38)
      Accounts payable                                               45           78
      Tenant security deposit liabilities                             6            5
      Accrued property taxes                                         30           31
      Due to General Partner                                          1           --
      Other liabilities                                              (7)          41
       Net cash provided by operating activities                    482          597

Cash flows from investing activities:
  Property improvements and replacements                           (374)        (429)
  Net withdrawals from restricted escrows                            29           14
       Net cash used in investing activities                       (345)        (415)

Cash flows from financing activities:
  Payments on mortgage notes payable                                (93)         (83)
  Advances from General Partner                                      88           --
  Distributions to partners                                        (156)        (780)
       Net cash used in financing activities                       (161)        (863)

Net decrease in cash and cash equivalents                           (24)        (681)

Cash and cash equivalents at beginning of period                    158        1,088

Cash and cash equivalents at end of period                       $  134       $  407

Supplemental disclosure of cash flow information:
  Cash paid for interest                                         $  489       $  462

At September 30, 2001 and December 31, 2000,  approximately $68,000 and $83,000,
respectively,  of  property  improvements  and  replacements  were  included  in
accounts payable.


            See Accompanying Notes to Consolidated Financial Statements
</TABLE>

<PAGE>

e)

                               ANGELES PARTNERS X
                     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)


Note A - Basis of Presentation

The accompanying unaudited consolidated financial statements of Angeles Partners
X (the  "Partnership"  or  "Registrant")  have been prepared in accordance  with
generally accepted accounting  principles for interim financial  information and
with  the  instructions  to Form  10-QSB  and Item  310(b)  of  Regulation  S-B.
Accordingly,  they do not include all of the information and footnotes  required
by generally accepted accounting  principles for complete financial  statements.
In the opinion of Angeles Realty  Corporation (the "General  Partner" or "ARC"),
all adjustments  (consisting of normal recurring accruals)  considered necessary
for a fair presentation have been included.  Operating results for the three and
nine month periods ended  September 30, 2001 are not  necessarily  indicative of
the results  that may be expected for the year ending  December  31,  2001.  For
further  information,   refer  to  the  consolidated  financial  statements  and
footnotes thereto included in the Partnership's Annual Report on Form 10-KSB for
the year ended  December  31,  2000.  The  General  Partner is an  affiliate  of
Apartment  Investment and Management Company  ("AIMCO"),  a publicly traded real
estate investment trust.

Principles of Consolidation

The  consolidated   financial   statements  include  all  the  accounts  of  the
Partnership  and  its  99%  limited  partnership  interests  in  Cardinal  Woods
Apartments,   Ltd.  and  Carriage  AP  X  Ltd.  The  general  partner  of  these
partnerships is Angeles Realty  Corporation.  Angeles Realty  Corporation may be
removed  as the  general  partner  of  these  partnerships  by  the  Registrant;
therefore, these partnerships are controlled and consolidated by the Registrant.
All significant interpartnership balances have been eliminated.

Segment Reporting

Statement of Financial  Accounting Standards ("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.  The General Partner believes that
segment-based disclosures will not result in a more meaningful presentation than
the consolidated financial statements as currently presented.


<PAGE>




Note B - Transactions with Affiliated Parties

The Partnership has no employees and is dependent on the 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 were paid or accrued to the
General  Partner and its affiliates for the nine months ended September 30, 2001
and 2000:

                                                              2001       2000
                                                              (in thousands)
   Property management fees (included in
     operating expenses)                                      $ 94       $ 92
   Reimbursement for services of affiliates
     (included in general and administrative expenses
      and investment properties)                               163        146
   Due to General Partner                                       89         --

During the nine months  ended  September  30, 2001 and 2000,  affiliates  of the
General  Partner  were  entitled  to  receive  5% of  gross  receipts  from  the
Registrant's   properties  for  providing  property  management  services.   The
Registrant   paid  to  such  affiliates   approximately   $94,000  and  $92,000,
respectively, for the nine month periods ended September 30, 2001 and 2000.

An  affiliate  of the General  Partner  received  reimbursement  of  accountable
administrative expenses amounting to approximately $163,000 and $146,000 for the
nine months ended September 30, 2001 and 2000,  respectively.  Included in these
charges for the nine months ended  September 30, 2001 and 2000 is  approximately
$67,000 and $44,000,  respectively, in reimbursements for construction oversight
costs.

In accordance with the Partnership Agreement, the General Partner has loaned the
Partnership  funds to cover capital  improvements  at Greentree  Apartments.  At
September 30, 2001, the amount of the outstanding loans and accrued interest was
approximately  $89,000 and is included  in Due to General  Partner.  Interest is
charged at the prime rate plus 2%. Interest expense was approximately $1,000 for
the nine months ended  September 30, 2001.  There were no loans from the General
Partner or associated  interest  expense during the nine months ended  September
30, 2000.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates  currently own 9,831 limited  partnership
units  in the  Partnership  representing  52.78%  of the  outstanding  units  at
September  30,  2001. 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 make one or more additional offers to acquire additional limited
partnership  interests in the  Partnership  for cash or in exchange for units in
the operating partnership of AIMCO. 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  voting on certain  amendments  to the
Partnership  Agreement and voting to remove the General Partner.  As a result of
its  ownership  of 52.78% of the  outstanding  units,  AIMCO is in a position to
control all such 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 General Partner because of its affiliation with
the General Partner.


<PAGE>



Note C - Distributions

During  the nine  months  ended  September  30,  2001,  the  Partnership  paid a
distribution of approximately  $156,000  (approximately  $154,000 to the limited
partners  or  $8.27  per  limited   partnership  unit)  from  operations.   Cash
distributions  of  approximately  $780,000 were paid to the partners  during the
nine months ended September 30, 2000, $130,000 of which was related to a payable
at December 31, 1999. The remaining  $650,000  (approximately  $643,000 of which
was paid to the limited  partners or $34.52 per  limited  partnership  unit) was
paid from operations.

Note D - 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. (the "Nuanes action") 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 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 series of
transactions  which  closed on October 1, 1998 and  February  26,  1999  whereby
Insignia and Insignia  Properties Trust,  respectively,  were merged into AIMCO.
The plaintiffs seek monetary damages and equitable  relief,  including  judicial
dissolution of the  Partnership.  On June 25, 1998, the General  Partner filed a
motion seeking dismissal of the action. In lieu of responding to the motion, the
plaintiffs  filed an amended  complaint.  The 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 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  General  Partner  and its  affiliates  filed a demurrer to the third
amended  complaint.  On May 14, 2001,  the Court heard the demurrer to the third
amended  complaint.  On July 10,  2001,  the Court  issued  an order  sustaining
defendants'  demurrer on certain grounds.  On July 20, 2001,  plaintiffs filed a
motion for  reconsideration  of the Court's July 10, 2001 order granting in part
and denying in part defendants' demurrer. On September 7, 2001, plaintiffs filed
a fourth amended class and derivative action  complaint.  On September 12, 2001,
the Court denied plaintiffs' motion for reconsideration. On October 5, 2001, the
General Partner and affiliated defendants filed a demurrer to the fourth amended
complaint,  which,  together  with a  demurrer  filed  by other  defendants,  is
currently  scheduled  to be heard on November  15,  2001.  The Court has set the
matter for trial in January 2003.

During the third  quarter of 2001, a complaint  (the "Heller  action") was filed
against  the same  defendants  that are named in the  Nuanes  action,  captioned
Heller v. Insignia Financial Group. On or about August 6, 2001, plaintiffs filed
a first amended  complaint.  The first amended complaint in the Heller action is
brought as a purported  derivative  action,  and asserts  claims for among other
things  breach  of  fiduciary  duty;  unfair  competition;   conversion,  unjust
enrichment;  and judicial  dissolution.  Plaintiffs in the Nuanes action filed a
motion to  consolidate  the Heller action with the Nuanes action and stated that
the Heller action was filed in order to preserve the derivative claims that were
dismissed  without  leave to amend in the Nuanes action by the Court order dated
July 10, 2001. On October 5, 2001, the General Partner and affiliated defendants
moved to strike the first  amended  complaint in its entirety for  violating the
Court's  July 10, 2001 order  granting  in part and denying in part  defendants'
demurrer in the Nuanes action, or  alternatively,  to strike certain portions of
the  complaint  based on the statute of  limitations.  Other  defendants  in the
action demurred to the fourth amended complaint,  and,  alternatively,  moved to
strike  the  complaint.  The  matters  are  currently  scheduled  to be heard on
November 15, 2001.

The  General  Partner  does not  anticipate  that any  costs,  whether  legal or
settlement  costs,   associated  with  these  cases  will  be  material  to  the
Partnership's overall operations.

The Partnership is a party to certain legal actions resulting from its operating
activities.  These actions are routine litigation and administrative proceedings
arising in the  ordinary  course of business  and none of which are  expected to
have a  material  adverse  effect on the  consolidated  financial  condition  or
results of operations of the Partnership.


<PAGE>




ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The  matters  discussed  in this Form  10-QSB  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-QSB  and the  other  filings  with the
Securities and Exchange Commission made by the Registrant from time to time. The
discussions of the  Registrant's  business and results of operations,  including
forward-looking  statements  pertaining  to such  matters,  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.

The Partnership's  investment properties consist of two apartment complexes. The
following table sets forth the average occupancy of the Partnership's properties
for the nine months ended September 30, 2001 and 2000:

                                                   Average Occupancy
      Property                                      2001       2000
      Greentree Apartments                          96%        98%
        Mobile, Alabama

      Carriage Hills Apartments                     95%        93%
        East Lansing, Michigan

Results of Operations

The  Registrant's  net loss for the three  months ended  September  30, 2001 was
approximately  $14,000,  as compared to a net loss of approximately  $91,000 for
the three months ended September 30, 2000. The  Registrant's  net income for the
nine months ended September 30, 2001 was  approximately  $3,000 as compared to a
net loss of approximately  $32,000 for the nine months ended September 30, 2000.
The change in net income for the three and nine months ended  September 30, 2001
is due to a decrease in total  expenses and an increase in total  revenues.  The
decrease in total  expenses  for the three and nine months ended  September  30,
2001 is due  primarily  to  decreases  in  operating  expenses  and  general and
administrative   expenses,   which  was  partially  offset  by  an  increase  in
depreciation  expense.  The decrease in operating expenses is primarily due to a
decrease  in  advertising  expense  at  both  of  the  Partnership's  investment
properties and a decrease in tax service  expense at Greentree  Apartments.  The
decrease in operating  expenses was partially offset by an increase in insurance
expense as a result of an increase in the hazard insurance  premium at Greentree
Apartments.  Depreciation  expense  increased due to an increase in  depreciable
assets resulting from property  improvements  and replacements  completed during
the past twelve months.  Interest and property tax expense  remained  relatively
constant for the comparable periods.

General and administrative expenses decreased primarily due to a decrease in the
costs of  services  included  in the  management  reimbursements  to the General
Partner as allowed  under the  Partnership  Agreement and a decrease in printing
and  mailing  costs  associated  with   communications  with  investors  in  the
Partnership.   These   decreases  were  partially   offset  by  an  increase  in
professional  expenses  associated with the management of the Partnership.  Also
included in general and  administrative  expenses at both September 30, 2001 and
2000 are costs  associated  with the  quarterly and annual  communications  with
investors  and  regulatory  agencies  and  the  annual  audit  required  by  the
Partnership Agreement.

The increase in total revenues for the three and nine months ended September 30,
2001 is due to an increase in rental  income.  The increase in rental  income is
due to an increase in occupancy  and the average  rental rate at Carriage  Hills
Apartments,  which was partially  offset by a decrease in occupancy at Greentree
Apartments.  The increase in total revenues for the nine months ended  September
30, 2001 was  partially  offset by a decrease in other  income.  The decrease in
other income for the nine months ended  September  30, 2001 is due to a decrease
in interest  income.  Other income  remained  relatively  constant for the three
months ended September 30, 2001.

As part of the ongoing  business plan of the  Partnership,  the 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 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
General Partner will be able to sustain such a plan.

Liquidity and Capital Resources

At  September  30,  2001,  the  Partnership  had cash and  cash  equivalents  of
approximately  $134,000,  compared to  approximately  $407,000 at September  30,
2000. The decrease in cash and cash equivalents of approximately $24,000 for the
nine months ended September 30, 2001, from the Partnership's  calendar year end,
is due to  approximately  $345,000  of cash  used in  investing  activities  and
approximately $161,000 of cash used in financing activities, which was partially
offset by approximately $482,000 of cash provided by operating activities.  Cash
used  in   investing   activities   consisted  of  property   improvements   and
replacements,  partially offset by net receipts from escrow accounts  maintained
by  the  mortgage  lender.  Cash  used  in  financing  activities  consisted  of
distributions  to partners  and  payments  of  principal  made on the  mortgages
encumbering the Registrant's  properties,  partially offset by advances from the
General  Partner.  The  Partnership  invests  its  working  capital  reserves in
interest bearing accounts.

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 investment  properties to adequately  maintain the
physical  assets and other  operating needs of the Registrant and to comply with
Federal, state, local, legal and regulatory  requirements.  Capital improvements
planned for the Partnership's properties are detailed below.

Greentree  Apartments:  For  2001 the  Partnership  has  budgeted  approximately
$261,000 for capital improvements,  consisting primarily of appliances, exterior
painting,  interior  and  exterior  building  improvements,  and floor  covering
replacement.   The  Partnership  completed  approximately  $208,000  in  capital
expenditures  at  Greentree  Apartments  as of September  30,  2001,  consisting
primarily of appliances, interior building improvements,  exterior painting, and
floor covering  replacement.  These improvements were funded from operations and
replacement reserves.

Carriage Hills Apartments:  For 2001 the Partnership has budgeted  approximately
$442,000 for capital  improvements,  consisting primarily of structural building
improvements,  heating  upgrades and floor covering and appliance  replacements.
The  Partnership  completed  approximately  $83,000 in capital  expenditures  at
Carriage  Hills  Apartments  as of September 30, 2001,  consisting  primarily of
floor covering and air conditioning unit  replacements.  These improvements were
funded from operations.

The additional  capital  expenditures will be incurred only if cash is available
from  operations  and  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.

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 $8,557,000,  net of discount, matures October 2003
and December  2004 with balloon  payments due at maturity.  The General  Partner
will attempt to refinance such indebtedness  and/or sell the properties prior to
such  maturity  dates.  If the  properties  cannot be  refinanced  or sold for a
sufficient  amount,  the  Registrant  will risk losing such  properties  through
foreclosure.

During  the nine  months  ended  September  30,  2001,  the  Partnership  paid a
distribution of approximately  $156,000  (approximately  $154,000 to the limited
partners  or  $8.27  per  limited   partnership  unit)  from  operations.   Cash
distributions  of  approximately  $780,000 were paid to the partners  during the
nine months ended September 30, 2000, $130,000 of which was related to a payable
at December 31, 1999. The remaining  $650,000  (approximately  $643,000 of which
was paid to the limited  partners or $34.52 per  limited  partnership  unit) was
paid from operations.  The  Partnership's  distribution  policy is reviewed on a
monthly 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. There can be no assurance,
however,  that the Partnership  will generate  sufficient funds from operations,
after required capital expenditures,  to permit any additional  distributions to
its partners in 2001 or subsequent  periods.  Distributions may be restricted by
the  requirements  to deposit net  operating  income (as defined in the mortgage
note) into the Reserve  Account until the Reserve Account is funded in an amount
equal to $200 to $400 per apartment unit for Greentree Apartments for a total of
approximately  $36,000 to $71,000. As of September 30, 2001, the Partnership has
deposits of approximately $36,000 in the reserve account.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates  currently own 9,831 limited  partnership
units  in the  Partnership  representing  52.78%  of the  outstanding  units  at
September  30,  2001. 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 make one or more additional offers to acquire additional limited
partnership  interests in the  Partnership  for cash or in exchange for units in
the operating partnership of AIMCO. 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  voting on certain  amendments  to the
Partnership  Agreement and voting to remove the General Partner.  As a result of
its  ownership  of 52.78% of the  outstanding  units,  AIMCO is in a position to
control all such 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 General Partner because of its affiliation with
the General Partner.


<PAGE>


                           PART II - OTHER INFORMATION

ITEM 1.     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. (the "Nuanes action") 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 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 series of
transactions  which  closed on October 1, 1998 and  February  26,  1999  whereby
Insignia and Insignia  Properties Trust,  respectively,  were merged into AIMCO.
The plaintiffs seek monetary damages and equitable  relief,  including  judicial
dissolution of the  Partnership.  On June 25, 1998, the General  Partner filed a
motion seeking dismissal of the action. In lieu of responding to the motion, the
plaintiffs  filed an amended  complaint.  The 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 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  General  Partner  and its  affiliates  filed a demurrer to the third
amended  complaint.  On May 14, 2001,  the Court heard the demurrer to the third
amended  complaint.  On July 10,  2001,  the Court  issued  an order  sustaining
defendants'  demurrer on certain grounds.  On July 20, 2001,  plaintiffs filed a
motion for  reconsideration  of the Court's July 10, 2001 order granting in part
and denying in part defendants' demurrer. On September 7, 2001, plaintiffs filed
a fourth amended class and derivative action  complaint.  On September 12, 2001,
the Court denied plaintiffs' motion for reconsideration. On October 5, 2001, the
General Partner and affiliated defendants filed a demurrer to the fourth amended
complaint,  which,  together  with a  demurrer  filed  by other  defendants,  is
currently  scheduled  to be heard on November  15,  2001.  The Court has set the
matter for trial in January 2003.

During the third  quarter of 2001, a complaint  (the "Heller  action") was filed
against  the same  defendants  that are named in the  Nuanes  action,  captioned
Heller v. Insignia Financial Group. On or about August 6, 2001, plaintiffs filed
a first amended  complaint.  The first amended complaint in the Heller action is
brought as a purported  derivative  action,  and asserts  claims for among other
things  breach  of  fiduciary  duty;  unfair  competition;   conversion,  unjust
enrichment;  and judicial  dissolution.  Plaintiffs in the Nuanes action filed a
motion to  consolidate  the Heller action with the Nuanes action and stated that
the Heller action was filed in order to preserve the derivative claims that were
dismissed  without  leave to amend in the Nuanes action by the Court order dated
July 10, 2001. On October 5, 2001, the General Partner and affiliated defendants
moved to strike the first  amended  complaint in its entirety for  violating the
Court's  July 10, 2001 order  granting  in part and denying in part  defendants'
demurrer in the Nuanes action, or  alternatively,  to strike certain portions of
the  complaint  based on the statute of  limitations.  Other  defendants  in the
action demurred to the fourth amended complaint,  and,  alternatively,  moved to
strike  the  complaint.  The  matters  are  currently  scheduled  to be heard on
November 15, 2001.

The  General  Partner  does not  anticipate  that any  costs,  whether  legal or
settlement  costs,   associated  with  these  cases  will  be  material  to  the
Partnership's overall operations.


<PAGE>



ITEM 6.     EXHIBITS AND REPORTS ON FORM 8-K

            a)    Exhibits:

                  None.

            b)    Reports on Form 8-K:

                  None filed during the quarter ended September 30, 2001.


<PAGE>



                                   SIGNATURES



In accordance with the  requirements of the Exchange Act, the Registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.



                                    ANGELES PARTNERS X


                                    By:   Angeles Realty Corporation
                                          Its 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: November 6, 2001