Exhibit 23.3

            Consent of Independent Registered Public Accounting Firm

We  consent to the  reference  to our firm under the  caption  "Experts"  in the
Registration   Statement  (Form  S-3  No.  333-113487)  and  related  Prospectus
Supplement of LTC Properties,  Inc. for the  registration of 2,640,000 shares of
8% Series F Cumulative  Preferred  Stock and to the  incorporation  by reference
therein of our report dated February 9, 2004, except for Notes 8, 10, 11, and 12
as to which  the  date is  March  5,  2004,  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, 2003,  filed with the
Securities and Exchange Commission.

                                                           /s/ Ernst & Young LLP

Los Angeles, California
July 14, 2004