<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001220969</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000887905</issuerCik>
      <issuerName>LTC PROPERTIES INC</issuerName>
      <secFileNumber>001-11314</secFileNumber>
      <issuerAddress>
        <com:street1>3011 TOWNSGATE ROAD</com:street1>
        <com:street2>SUITE 220</com:street2>
        <com:city>WESTLAKE VILLAGE</com:city>
        <com:stateOrCountry>CA</com:stateOrCountry>
        <com:zipCode>91361</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>805-981-8655</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>PIECZYNSKI JAMES</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Charles Schwab Corp</name>
        <address>
          <com:street1>3000 Schwab Way</com:street1>
          <com:city>Westlake</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>76262</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>33643</noOfUnitsSold>
      <aggregateMarketValue>1217876.00</aggregateMarketValue>
      <noOfUnitsOutstanding>43491284</noOfUnitsOutstanding>
      <approxSaleDate>08/06/2024</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>07/19/2002</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Open Market</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>900</amountOfSecuritiesAcquired>
      <paymentDate>07/19/2002</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/29/2014</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Open Market</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>4100</amountOfSecuritiesAcquired>
      <paymentDate>05/29/2014</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>03/09/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1000</amountOfSecuritiesAcquired>
      <paymentDate>03/09/2015</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/07/2015</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2100</amountOfSecuritiesAcquired>
      <paymentDate>06/07/2015</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/05/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1000</amountOfSecuritiesAcquired>
      <paymentDate>06/05/2016</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/13/2016</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2100</amountOfSecuritiesAcquired>
      <paymentDate>06/13/2016</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>03/23/2017</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1000</amountOfSecuritiesAcquired>
      <paymentDate>03/23/2017</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>07/17/2019</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1920</amountOfSecuritiesAcquired>
      <paymentDate>07/17/2019</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>01/03/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2000</amountOfSecuritiesAcquired>
      <paymentDate>01/03/2018</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/16/2018</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1854</amountOfSecuritiesAcquired>
      <paymentDate>06/16/2018</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/05/2019</acquiredDate>
      <natureOfAcquisitionTransaction>Director Comp</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2182</amountOfSecuritiesAcquired>
      <paymentDate>06/05/2019</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>02/28/2020</acquiredDate>
      <natureOfAcquisitionTransaction>Open Market</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Open Market</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1000</amountOfSecuritiesAcquired>
      <paymentDate>02/28/2020</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/10/2020</acquiredDate>
      <natureOfAcquisitionTransaction>Director Comp</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2124</amountOfSecuritiesAcquired>
      <paymentDate>06/10/2020</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/10/2021</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2471</amountOfSecuritiesAcquired>
      <paymentDate>06/10/2021</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/26/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Director Comp</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2411</amountOfSecuritiesAcquired>
      <paymentDate>05/26/2022</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>05/25/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2469</amountOfSecuritiesAcquired>
      <paymentDate>05/25/2023</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/16/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Director Compensation</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3012</amountOfSecuritiesAcquired>
      <paymentDate>06/16/2024</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>Account titled: James J. and Diane A. Pieczynski U/A DTD 09/12/1996 Trust - James J. and Diane A. Pieczynski as trustees.</remarks>
    <noticeSignature>
      <noticeDate>08/06/2024</noticeDate>
      <signature>James Pieczynski</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
[{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 11270}]
144
0001220969
XXXXXXXX
LIVE
0000887905
LTC PROPERTIES INC
001-11314
3011 TOWNSGATE ROAD
SUITE 220
WESTLAKE VILLAGE
CA
91361
805-981-8655
PIECZYNSKI JAMES
Director
Common
Charles Schwab Corp
3000 Schwab Way
Westlake
TX
76262
33643
1217876.00
43491284
08/06/2024
NYSE
Common
07/19/2002
Open Market
Open Market
N
900
07/19/2002
Cash
Common
05/29/2014
Open Market
Open Market
N
4100
05/29/2014
Cash
Common
03/09/2015
Director Compensation
Issuer
N
1000
03/09/2015
N/A
Common
06/07/2015
Director Compensation
Issuer
N
2100
06/07/2015
N/A
Common
06/05/2016
Director Compensation
Issuer
N
1000
06/05/2016
N/A
Common
06/13/2016
Director Compensation
Issuer
N
2100
06/13/2016
N/A
Common
03/23/2017
Director Compensation
Issuer
N
1000
03/23/2017
N/A
Common
07/17/2019
Director Compensation
Issuer
N
1920
07/17/2019
N/A
Common
01/03/2018
Director Compensation
Issuer
N
2000
01/03/2018
N/A
Common
06/16/2018
Director Compensation
Issuer
N
1854
06/16/2018
N/A
Common
06/05/2019
Director Comp
Issuer
N
2182
06/05/2019
N/A
Common
02/28/2020
Open Market
Open Market
N
1000
02/28/2020
Cash
Common
06/10/2020
Director Comp
Issuer
N
2124
06/10/2020
N/A
Common
06/10/2021
Director Compensation
Issuer
N
2471
06/10/2021
N/A
Common
05/26/2022
Director Comp
Issuer
N
2411
05/26/2022
N/A
Common
05/25/2023
Director Compensation
Issuer
N
2469
05/25/2023
N/A
Common
06/16/2024
Director Compensation
Issuer
N
3012
06/16/2024
N/A
Y
Account titled: James J. and Diane A. Pieczynski U/A DTD 09/12/1996 Trust - James J. and Diane A. Pieczynski as trustees.
08/06/2024
James Pieczynski