EXHIBIT 23.1

Published on March 31, 1999



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 19, 1999 with
respect to the consolidated financial statements and schedules of LTC
Properties, Inc., included in its Annual Report (Form 10-K) for the year
ended December 31, 1998.

/s/ ERNST & YOUNG LLP

Los Angeles, California
March 31, 1999