EXHIBIT 23.1

Published on March 25, 1998



LTC PROPERTIES, INC.

EXHIBIT 23.1

CONSENT OF INDEPENDENT AUDITORS


We consent to the incorporation by reference in the Registration Statement (Form
S-3 No. 333-2444) and in the Registration Statement (Form S-8 No. 33-85252) of
LTC Properties, Inc. of our report dated January 20, 1998, except Note 11, as to
which the date is March 20, 1998, with respect to the consolidated financial
statements and schedules of LTC Properties, Inc., as amended, included in its
Annual Report (Form 10-K) for the year ended December 31, 1997.


/s/ ERNST & YOUNG LLP



Los Angeles, California
March 25, 1998