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

                                 SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934
                                (Amendment No. 1)


                              LTC PROPERTIES, INC.
--------------------------------------------------------------------------------
                                (Name of Issuer)


                          COMMON STOCK, $.01 PAR VALUE
--------------------------------------------------------------------------------
                         (Title and Class of Securities)


                                    502175102
--------------------------------------------------------------------------------
                                 (CUSIP Number)


                             ANNUAL FILING FOR 2000
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                  [ ]      Rule 13d-1(b)
                  [X]      Rule 13d-1(c)
                  [ ]      Rule 13d-1(d)


*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


                                Page 1 of 7 Pages


CUSIP NO. 502175102                  13G/A                     Page 2 of 7 Pages


--------------------------------------------------------------------------------
1        NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOs. OF ABOVE PERSONS (entities only)

         DUNN FAMILY TRUST, DAVID J. DUNN, TRUSTEE
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
                                                                  (a)
                                                                      ----
                                                                  (b)
                                                                      ----
--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        CITIZENSHIP OR PLACE OF ORGANIZATION

         UNITED STATES OF AMERICA
--------------------------------------------------------------------------------

NUMBER OF          5        SOLE VOTING POWER
SHARES                      1,948,800
                   -------------------------------------------------------------
BENEFICIALLY       6        SHARED VOTING POWER
OWNED BY                    -0-
                   -------------------------------------------------------------
EACH               7        SOLE DISPOSITIVE POWER
REPORTING                   1,948,800
                   -------------------------------------------------------------
PERSON             8        SHARED DISPOSITIVE POWER
WITH                        -0-
--------------------------------------------------------------------------------
9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         1,948,800
--------------------------------------------------------------------------------

10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
         (See Instructions)
                                                                       ---
--------------------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         7.5% (1)
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON (See Instructions)
         OO       (GRANTOR TRUST FOR INDIVIDUAL)
--------------------------------------------------------------------------------

(1)      Assumes, pursuant to Rule 13d-3(d)(1)(i) of the Act, that there are
         26,031,414 shares of the Stock outstanding.





CUSIP NO. 502175102                  13G/A                     Page 3 of 7 Pages

--------------------------------------------------------------------------------
1        NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOs. OF ABOVE PERSONS (entities only)

         DAVID J. DUNN
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
                                                                     (a)
                                                                         ----
                                                                     (b)
                                                                         ----

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        CITIZENSHIP OR PLACE OF ORGANIZATION

         UNITED STATES OF AMERICA
--------------------------------------------------------------------------------
NUMBER OF          5        SOLE VOTING POWER
SHARES                      1,998,800
                   -------------------------------------------------------------
BENEFICIALLY       6        SHARED VOTING POWER
OWNED BY                    -0-
                   -------------------------------------------------------------
EACH               7        SOLE DISPOSITIVE POWER
REPORTING                   1,998,800
                   -------------------------------------------------------------
PERSON             8        SHARED DISPOSITIVE POWER
WITH                        -0-
--------------------------------------------------------------------------------
9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         1,998,800
--------------------------------------------------------------------------------
10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
         (See Instructions)
                                                                    ----
--------------------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         7.7% (1)
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON (See Instructions)
         IN
--------------------------------------------------------------------------------


(1)      Assumes, pursuant to Rule 13d-3(d)(1)(i) of the Act, that there are
         26,031,414 shares of the Stock outstanding.




CUSIP NO. 502175102                  13G/A                     Page 4 of 7 Pages


Pursuant to Rule 13d-2(b) of Regulation 13D-G of the General Rules and
Regulations under the Securities Exchange Act of 1934, as amended (the "Act"),
the undersigned hereby amend their Schedule 13G Statement dated July 27, 2000
(the "Schedule 13G"), relating to the Common Stock, $.01 par value per share
(the "Stock"), of LTC Properties, Inc. (the "Issuer").

Unless otherwise indicated, all defined terms used herein shall have the same
meanings as those set forth in the Schedule 13G (i.e.: Dunn Family Trust, David
J. Dunn, Trustee shall be referred to as "DFT", David J. Dunn shall be referred
to as "DJD", and Idanta Partners Ltd. shall be referred to as "IPL").


Item 4 as reported in the Schedule 13G is hereby amended and restated to read as
follows:

ITEM 4.           OWNERSHIP.
                  ---------


         DFT:     (a) Because of its position as general partner of Idanta
                  Partners Ltd. ("IPL"), which owns 1,060,000 shares of the
                  Stock, DFT may, pursuant to Rule 13d-3 of the Act, be deemed
                  to be beneficial owner of these 1,060,000 shares, in addition
                  to the 888,800 it directly owns; which totals 1,948,800
                  shares,
                  (b) which constitutes in the aggregate approximately 7.5% of
                  the assumed 26,031,414 outstanding shares of the Stock.
                  (c) In its capacity as a general partner of IPL and due to the
                  shares it directly owns, DFT has the sole power to vote or to
                  direct the vote and to dispose or to direct the disposition of
                  1,948,800 shares of the Stock. DFT does not share this power
                  to vote or to direct the vote and to dispose or to direct the
                  disposition of the Stock.

         DJD:     (a) Because DJD is the trustee of DFT, which owns 888,800
                  shares of the Stock and which is a general partner of IPL,
                  which owns 1,060,000 shares of the Stock, and owns 50,000
                  shares of the Stock jointly with his spouse, DJD may pursuant
                  to Rule 13d-3 of the Act, be deemed to be beneficial owner of
                  1,998,800 shares,
                  (b) which constitutes in the aggregate approximately 7.7% of
                  the assumed 26,031,414 outstanding shares of the Stock.
                  (c) In his capacity as trustee of DFT, which is also a general
                  partner of IPL, DJD has the sole power to vote or to direct
                  the vote and to dispose or to direct the disposition of
                  1,998,800 shares of the Stock. DJD does not share this power
                  to vote or to direct the vote and to dispose or to direct the
                  disposition of the Stock. DJD owns no shares of the Stock
                  individually.




CUSIP NO. 502175102                  13G/A                     Page 5 of 7 Pages


ITEM 8.           IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
                  ----------------------------------------------------------


         This Schedule 13G Statement is being jointly filed on behalf of each of
         the Reporting Persons pursuant to Rules 13d-1(c) and 13d-1(k)(1) which
         does not constitute a group. The agreement required by Rule 13d-1(k)(1)
         is attached hereto as Exhibit A.






CUSIP NO. 502175102                  13G/A                     Page 6 of 7 Pages


ITEM 10.          CERTIFICATION.
                  -------------


By signing below, each of the Reporting Persons certify that, to the best of his
knowledge and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.

         DUNN FAMILY TRUST & DAVID J. DUNN



         by: /s/ David J. Dunn
             -------------------------------------
             David J. Dunn as Trustee of the
             Dunn Family Trust and Individually


                                   SIGNATURES:

After reasonable inquiry and to the best of my knowledge and belief, each of the
undersigned certifies that the information set forth in this statement is true,
complete and correct. The undersigned have previously filed this statement
jointly pursuant to the agreement attached as Exhibit A.

DATED:  February 9, 2001

DUNN FAMILY TRUST



by: /s/ David J. Dunn
   ---------------------------------
   David J. Dunn, Trustee


DAVID J. DUNN


/s/ David J. Dunn
---------------------------------





CUSIP NO. 502175102                  13G/A                     Page 7 of 7 Pages


                             JOINT FILING AGREEMENT

                                                                     EXHIBIT "A"

Pursuant to Rule 13d-1(k)(1) of the General Rules and Regulations of the
Securities and Exchange Commission under the Securities Exchange Act of 1934, as
amended, the undersigned agree to the joint filing on behalf of each of them of
this statement and any subsequent amendments thereto.

DATED:   July 27, 2000


         DUNN FAMILY TRUST



by:  /s/ David J. Dunn
    -------------------------------------
    David J. Dunn, Trustee


    DAVID J. DUNN



     /s/ David J. Dunn
    -------------------------------------