Exhibit 23.1

                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

        As independent public accountants, we hereby consent to the
incorporation by reference in this registration statement of our report dated
January 18, 2000 included in Health Care Property Investors, Inc. Form 10-K for
the year ended December 31, 1999 and to all references to our Firm included in
this Registration Statement.

                                                        ARTHUR ANDERSEN LLP

Orange County, California
January 31, 2000