<PAGE>
                                   UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C.   20549


                                   FORM 10-Q
                    Quarterly Report Pursuant to Section 13 or 15(d)
                                        of
                         The Securities Exchange Act of 1934

                    for the Quarterly Period ended September 30, 1996

                           ______________________
 
                          Commission File No. 0-19933


                              TMP INLAND EMPIRE IV, LTD.
                         A CALIFORNIA LIMITED PARTNERSHIP
               (Exact name of registrant as specified in its charter)


     CALIFORNIA                              33-0341829
(State or other jurisdiction of       I.R.S. Employer Identification No.)
incorporation or organization)     

801 North Parkcenter Drive, Suite 235               92705
Santa Ana, California                            (Zip Code)     
(Address of principal executive office)

(714) 836-5503
(Registrant's telephone number, including area code)

______________________

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









<PAGE>     
     PART I - FINANCIAL INFORMATION

     Item 1.        Financial Statements

The following financial statements are filed as a part of this Form
10-Q:

Balance Sheets as of September 30, 1996 and December 31, 1995

Statements of Income for the three and nine months ended
September 30, 1996 and 1995

Statements of Cash Flows for the nine months ended
September 30, 1996, and 1995


The accompanying unaudited interim financial statements include all
adjustments (consisting solely of normal recurring adjustments) which
are, in the opinion of management, necessary to fairly present the
financial position of the Partnership as of September 30, 1996
and the results of its operations, changes in partners' 
equity, and cash flows for the periods then ended



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                         TMP INLAND EMPIRE IV, LTD.
                    a California Limited Partnership
<TABLE>
<CAPTION>
                                Balance Sheets

                                September 30, 1996        December 31, 1996

<S>                                    <C>                       <C>
Assets

Cash                                    $44,321                  $16,769
Accounts Receivable                        $50                         -
Investment in Unimproved Land 
(Note 1)                              $5,633,198               $5,541,061
Prepaid Expense                           $5,700                        -
Organizational Costs, Net (Note 1)          $201               $    1,855

     Total Assets                     $5,683,470               $5,559,685  

Liabilities and Partners Capital

Accounts Payable and 
     Accrued Liabilities                   $ -                        $800
Due to Affiliates                         $   197                        -
Property Taxes Payable                   $ 25,992                   $90,925
Notes Payable (Note 3)                    190,000                       -
Commission Payable (Note 4)               $70,560                  $70,560

     Total Liabilities                   $286,749                  $162,285

Partners' capital

     General Partners                  $ (21,749)                  ($21,742)
     Limited Partners 7,250 equity     $5,418,470                $5,419,142
     units authorized and outstanding

     Total Partners Capital            $5,396,721                $5,397,400

Total Liabilities and Partners Capital  $5,683,470                $5,559,685
               
</TABLE>


<PAGE>


                           TMP INLAND EMPIRE IV, LTD.
                       a California Limited Partnership 
                             Statements of Income

<TABLE>
<CAPTION>                       Three Months Ended    Nine Months Ended
                               Sept. 30     Sept. 30    Sept. 30     Sept. 30  
                                1996        1995       1996        1995
<S>                              <C>        <C>       <C>         <C>

Land Sales                       $0          $0         $0     $23,000

  Cost of Land Sales             $0          $0         $0     $28,807

     Gross Profit                $0          $0         $0    ($5,807)

  Interest and Other Income     $267        $122       $975       $364 
                                    
                                         
                                $267        $122       $975    ($5,443)

General & Admin. Expense        $554        $550     $1,654    $1,650

Net Loss                       ($287)      ($428)     ($679)   ($7,093)


Allocation of Net Loss (Note 2):

General Partners                ($ 3)        ($ 4)     ($ 7)     ($71)

     Limited Partners           ($284)       ($424)    ($672) ($7,022)

     Limited Partners, per unit ($.04)       ($.05)    ($.09)  ($ .83)
</Table


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                              TMP INLAND EMPIRE IV, LTD.
                           a California Limited Partnership

</TABLE>
<TABLE>
<CAPTION>

                               Statement of Cash Flows

                                         Nine Months Ended September 30,
                                               1996          1995
<S>                                              <C>             <C>

Net Income (Loss)                           $    (679)    $  (7,093)

Non-cash adjustments:
  Amortization of organization costs             1,654           1650
  Adjustments to reconcile net income (loss)  
   to net cash used in operating activities:   
  Increase in investment in unimproved land    (92,137)       (44,588)
  Increase in Receivables         	(50)        -
  Increase in Prepaid Expense          	        (5,700)            -
  Increase (Decrease) in Accounts Payable 
     and Accrued Liabilities                       (603)           (598)
  Increase (Decrease) in Taxes Payable          (64,933)         40,943	
Net Cash provided by (used in) 
     Operating Activities                    $ (162,448)       $ (9,686)

  Increase in Notes Payable                     190,000        $      -

Net Cash provided by Financing Activities     $ 190,000        $      -

Net Increase (Decrease) in Cash               $  27,552        $ (9,686)

Cash, Beginning of Period                     $  16,769        $  28,547

     Cash, End of Period                      $  44,321        $  18,861
</Table


<PAGE>
                    TMP INLAND EMPIRE IV, LTD
                 a California Limited Partnership
                 Notes to the Financial Statements
          For the Three and Nine Months Ended September 30, 1996
                          (Unaudited)


NOTE 1 -  Summary of Significant Accounting Policies

Accounting Method - TMP Inland Empire IV, Ltd. (the Partnership) prepares its 
financial statements on the accrual basis of accounting.

Organization Costs - Organization costs include expenses incurred in the formation
of the Partnership that have been capitalized and that have been amortized over a 
period of 40 years prior to 1992 and are being amortized over five years beginning
in 1992.

Investment in Unimproved Land - The Partnership's land is stated at the lower of 
actual cost or market value, based on specific identification.  All costs
associated with the acquisition of a property are capitalized.  In addition, the 
Partnership capitalizes all carrying costs.

Income Taxes - The entity is treated as a partnership for income tax purposes 
and any income or loss is passed through and taxable at the partner level.  
Accordingly, no provision for federal income taxes is provided.


NOTE 2 - Allocation of Profits, Losses and Cash Distributions

Profits, losses, and cash distributions are allocated 99 percent to the limited 
partners and one percent to the general partners until the limited partners have 
received an amount equal to their capital contributions plus a cumulative, non-
compounded return of six percent per annum based on their adjusted capital account 
balances.  At that point, remaining profits, losses and cash distributions are 
allocated 85 percent to the limited partners and 15 percent to the general 
partners.

As of September 30, 1996 and 1995, profits, losses and cash distributions were 
allocated 99 percent to the limited partners and one percent to the general
partners.


NOTE 3 - Note Payable

As of September 30, 1996, the Partnership had a note payable secured by Partnership
land.   The note bears interest at 12 percent per annum and matures 
February 1, 1999.


NOTE 4 - Commissions Payable

As of September 30, 1996 and 1995, the Partnership had a payable to a related party for 
services rendered relating to sales of properties in 1989 and 1990.






<PAGE>


                        TMP INLAND EMPIRE IV, LTD.
                    a California Limited Partnership
           For the Three and Nine Months Ended September 30, 1996


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

Partnership revenues during the three and nine month periods ended September 30, 1996
and 1995 consisted primarily of interest income. During the nine months
ended June 30, 1995, the Partnership sold one parcel of land at a loss of $5,807.
There were no properties sold during 1996.

Operating activities for the nine months ended September 30, 1996  used approximately 
$162,000 of cash  to pay for carrying costs of the land held for investment and to 
pay accrued but unpaid property taxes.  Financing activities provided $190,000 from a 
note secured by Partnership land.  

During the nine months ended September 30, 1995, net operating activities used 
approximately $10,000 relating to the carrying costs of the land held for investment.
     
The Partnership had seven properties as of September 30, 1996 that are being held for 
appreciation and resale.  Upon the sale of each property, the Partnership intends
to distribute the sales proceeds, less any reserves needed for operations, to the 
partners.

Management believes that the Partnership has sufficient cash to meet the 
anticipated cash requirements of the Partnership for the next twelve months. 



<PAGE>
Signatures

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

Date:  November 12, 1996

                    TMP INLAND EMPIRE IV, LTD.
                    a California Limited Partnership


                    By:  TMP Investments, Inc., as General Partner
                                   
                              \s\ William O. Passo
                         By:___________________________________
                              William O. Passo, President

                              \s\ Jenny Rex
                         By:___________________________________
                              Jenny Rex, Secretary

                              \s\ Michael Sun
                         By:___________________________________
                              Michael Sun, Chief Financial Officer
                                        
                         By:  TMP Properties, a California General 
                                   Partnership as General Partner

                              \s\ William O. Passo
                         By:___________________________________
                              William O. Passo, General Partner

                              \s\ Anthony W. Thompson
                         By:___________________________________
                              Anthony W. Thompson, General Partner

                              \s\ Scott E. McDaniel
                         By ____________________________________
                              Scott E. McDaniel





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