##### Table of Contents



UNITED STATES
 SECURITIES AND EXCHANGE
    COMMISSION
 Washington, D.C. 20549
  FORM 10-K
  (Mark One)
 [X]  ANNUAL REPORT
    PURSUANT TO SECTION 13 OR 15(d) OF THE
 SECURITIES EXCHANGE ACT OF
    1934
  For the fiscal year ended December 31, 2006
  OR
  [ ]  TRANSITION
    REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
 SECURITIES EXCHANGE ACT OF
    1934
  For the transition period from
    
    to
  Commission file no. 0-16191
  DEL TACO RESTAURANT PROPERTIES
    I
 (A California limited partnership)
 (Exact name of registrant as
    specified in its charter)
  California(State or other jurisdiction
    of
    incorporation or organization)

95-3852699(I.R.S. Employer
    Identification Number)25521 Commercentre Drive
    Lake Forest, California(Address of principal
    executive offices)

92630(Zip Code)    (949) 462-9300
      X
  X
  X
  DOCUMENTS
    INCORPORATED BY REFERENCE
    Rule 12b-2
  X
  Rule 12b-2  X




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TABLE OF CONTENTS  PART IItem 1. BusinessItem 2. PropertiesItem 3. Legal ProceedingsItem 4. Submission of Matters to a Vote of Security HoldersPART IIItem 5. Market for the Partnerships Common Equity, Related Security Holder Matters and Issuer Purchases of Equity SecuritiesItem 6. Selected Financial DataItem 7. Managements Discussion and Analysis of Financial Condition and Results of OperationsItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial StatementsItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A. Controls and ProceduresItem 9B. Other InformationPART IIIItem 10. Directors and Executive OfficersItem 11. Executive CompensationItem 12. Security Ownership of Certain Beneficial Owners and Management and Related Security Holder MattersItem 13. Certain Relationships and Related TransactionsItem 14. Principal Accountant Fees and ServicesPART IVItem 15. Exhibits, Financial Statements Schedules, and Reports on Form 8-KSIGNATURESEXHIBIT INDEXEXHIBIT 31.1EXHIBIT 31.2EXHIBIT 32.1    Table of Contents  
 PART I
 
 Item 1. Business
    2




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Item 2. Properties
  Date ofDate of
    
    Restaurant
    
    CommencementAddress
    
    City, State
    
    Acquisition
    
    Constructed
    
    of Operation (1)Riverside Avenue
    
    Rialto, CA
    
    September 28, 1984
    
    60 seat with drive
through service
window
    
    February 12, 1985Elden
Avenue
    
    Moreno Valley, CA
    
    March 8, 1985
    
    60 seat with drive
through service
window
    
    June 30, 1985Foothill Boulevard
    
    La Verne, CA
    
    April 16, 1985
    
    60 seat with drive
through service
window
    
    November 6, 1985Baseline & Archibald
    
    Rancho Cucamonga, CA
    
    July 10, 1985
    
    60 seat with drive
through service
window
    
    November 26, 1985Elkhorn Boulevard
    
    Sacramento, CA
    
    August 22, 1985
    
    60 seat with drive
through service
window
    
    January 15, 1986Haven
Avenue
    
    Rancho Cucamonga, CA
    
    September 20, 1985
    
    60 seat with drive
through service
window
    
    February 14, 1986
  
 (1)
    
    Commencement of operation is the first date Del Taco, as lessee, operated the facility on the
site as a Del Taco restaurant. 
 Item 3. Legal Proceedings
  
 Item 4. Submission of Matters to a Vote of Security Holders
  3




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PART II
 
 Item 5. Market for the Partnerships Common Equity, Related Security Holder Matters and Issuer Purchases of Equity Securities
  
 Item 6. Selected Financial Data
  Years Ended December 31,2006
    
    
    2005
    
    
    2004
    
    
    2003
    
    
    2002Rental revenues
    
    $
    722,953
    
    
    $
    780,229
    
    
    $
    772,133
    
    
    $
    738,302
    
    
    $
    671,021General and
administrative expense
    
    
    71,436
    
    
    
    68,833
    
    
    
    68,345
    
    
    
    68,221
    
    
    
    52,662Depreciation expense
    
    
    28,948
    
    
    
    40,420
    
    
    
    43,772
    
    
    
    43,772
    
    
    
    43,772Interest and other income
    
    
    5,443
    
    
    
    4,627
    
    
    
    3,696
    
    
    
    3,387
    
    
    
    3,885Net income
    
    
    628,012
    
    
    
    675,603
    
    
    
    663,712
    
    
    
    629,696
    
    
    
    578,472Net income per limited
partnership unit
    
    
    71.05
    
    
    
    76.43
    
    
    
    75.09
    
    
    
    71.24
    
    
    
    65.44Cash distributions per
limited partnership unit
    
    
    76.21
    
    
    
    80.45
    
    
    
    80.78
    
    
    
    73.33
    
    
    
    69.02Total assets
    
    
    2,275,794
    
    
    
    2,316,566
    
    
    
    2,340,659
    
    
    
    2,393,624
    
    
    
    2,396,792Long-term obligations
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
 4




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Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of Operations
   Liquidity and Capital Resources
   Off Balance Sheet Arrangements and Contractual Obligations
  Results of Operations
  5




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Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of Operations
(Continued)
 Results of Operations
  Years Ended December 31,2006
    
    
    2005
    
    
    2004Riverside Avenue, Rialto, CA
    
    $
    116,077
    
    
    $
    118,890
    
    
    $
    117,855Elden Avenue, Moreno Valley, CA
    
    
    120,781
    
    
    
    145,747
    
    
    
    132,826Foothill Boulevard, La Verne, CA
    
    
    173,288
    
    
    
    175,281
    
    
    
    167,815Baseline & Archibald, Rancho Cucamonga, CA
    
    
    120,339
    
    
    
    130,835
    
    
    
    137,154Elkhorn Boulevard, Sacramento, CA
    
    
    72,871
    
    
    
    68,494
    
    
    
    74,167Haven Avenue, Rancho Cucamonga, CA
    
    
    119,597
    
    
    
    140,982
    
    
    
    142,316Total
    
    $
    722,953
    
    
    $
    780,229
    
    
    $
    772,133
    Percentage of Total General and Administrative Expense
 Years Ended December 31,2006
    
    2005
    
    2004Accounting fees
    
    
    60.99
    %
    
    
    59.41
    %
    
    
    55.25
    %Distribution of information
to limited partners
    
    
    37.31
    
    
    
    38.94
    
    
    
    42.60Other
    
    
    1.70
    
    
    
    1.65
    
    
    
    2.15100.00
    
    
    
    100.00
    
    
    
    100.00
   6




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Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of Operations-
(Continued)
 Results of Operations
    Recent Accounting Pronouncements
  Critical Accounting Policies and Estimates
  7




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Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of Operations-
(Continued)
 Property and Equipment:
  
 Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
  8




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Item 8. Financial Statements
 PART I. INFORMATION
 INDEX
    
    PAGE NUMBERReport of Independent Registered Public Accounting Firm 
Squar, Milner, Peterson, Miranda & Williamson, LLP
    
    
    10Report of Independent Registered Public Accounting Firm 
KPMG LLP
    
    
    11Balance Sheets at December 31, 2006 and 2005
    
    
    12Statements of Income for the years ended
December 31, 2006, 2005 and 2004
    
    
    13Statements of Partners Equity for
the years ended December 31, 2006, 2005 and 2004
    
    
    14Statements of Cash Flows for the years ended
December 31, 2006, 2005 and 2004
    
    
    15Notes to Financial Statements
    
    
    16-21Schedule III  Real Estate and Accumulated Depreciation
    
    
    27
 9




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Report of Independent Registered Public Accounting Firm
 
       10




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Report of Independent Registered Public Accounting Firm
 
     
 11




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DEL TACO RESTAURANT PROPERTIES I
 BALANCE SHEETS
 December 31,2006
    
    
    2005ASSETSCURRENT ASSETS:Cash
    
    $
    259,468
    
    
    $
    268,272Receivable from Del Taco LLC
    
    
    61,641
    
    
    
    65,191Deposits
    
    
    1,130
    
    
    
    600Total current assets
    
    
    322,239
    
    
    
    334,063PROPERTY AND EQUIPMENT:Land and improvements
    
    
    1,852,482
    
    
    
    1,852,482Buildings and improvements
    
    
    1,013,134
    
    
    
    1,013,134Machinery and equipment
    
    
    1,136,026
    
    
    
    1,136,0264,001,642
    
    
    
    4,001,642Lessaccumulated depreciation
    
    
    2,048,087
    
    
    
    2,019,1391,953,555
    
    
    
    1,982,503$
    2,275,794
    
    
    $
    2,316,566LIABILITIES AND PARTNERS EQUITYCURRENT LIABILITIES:Payable to limited partners
    
    $
    81,877
    
    
    $
    81,974Accounts payable
    
    
    9,421
    
    
    
    4,525Total current liabilities
    
    
    91,298
    
    
    
    86,499PARTNERS EQUITY:Limited partners; 8,751 units outstanding at December 31, 2006 and December 31, 2005
    
    
    1,922,554
    
    
    
    1,967,669General partner-Del Taco LLC
    
    
    261,942
    
    
    
    262,3982,184,496
    
    
    
    2,230,067$
    2,275,794
    
    
    $
    2,316,566
  12




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DEL TACO RESTAURANT PROPERTIES I
 STATEMENTS OF INCOME
 Years Ended December 31,2006
    
    
    2005
    
    
    2004RENTAL REVENUES
    
    $
    722,953
    
    
    $
    780,229
    
    
    $
    772,133EXPENSES:General and administrative
    
    
    71,436
    
    
    
    68,833
    
    
    
    68,345Depreciation
    
    
    28,948
    
    
    
    40,420
    
    
    
    43,772100,384
    
    
    
    109,253
    
    
    
    112,117Operating income
    
    
    622,569
    
    
    
    670,976
    
    
    
    660,016OTHER INCOME:Interest
    
    
    4,668
    
    
    
    3,277
    
    
    
    2,496Other
    
    
    775
    
    
    
    1,350
    
    
    
    1,200Net income
    
    $
    628,012
    
    
    $
    675,603
    
    
    $
    663,712Net income per limited
partnership unit (note 2)
    
    $
    71.05
    
    
    $
    76.43
    
    
    $
    75.09Number of limited partnership units
used in computing per unit amounts
    
    
    8,751
    
    
    
    8,751
    
    
    
    8,751
  13




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DEL TACO RESTAURANT PROPERTIES I
 STATEMENTS OF PARTNERS EQUITY
 Years Ended December 31, 2006, 2005, and 2004
 Limited Partners
    
    
    GeneralUnits
    
    
    Amount
    
    
    Partner
    
    
    TotalBalance, December 31, 2003
    
    
    8,751
    
    
    $
    2,052,646
    
    
    $
    263,257
    
    
    $
    2,315,903Net Income
    
    
    
    
    
    
    657,075
    
    
    
    6,637
    
    
    
    663,712Cash Distributions
    
    
    
    
    
    
    (706,930
    )
    
    
    (7,141
    )
    
    
    (714,071
    )Balance, December 31, 2004
    
    
    8,751
    
    
    
    2,002,791
    
    
    
    262,753
    
    
    
    2,265,544Net Income
    
    
    
    
    
    
    668,847
    
    
    
    6,756
    
    
    
    675,603Cash Distributions
    
    
    
    
    
    
    (703,969
    )
    
    
    (7,111
    )
    
    
    (711,080
    )Balance, December 31, 2005
    
    
    8,751
    
    
    
    1,967,669
    
    
    
    262,398
    
    
    
    2,230,067Net Income
    
    
    
    
    
    
    621,732
    
    
    
    6,280
    
    
    
    628,012Cash Distributions
    
    
    
    
    
    
    (666,847
    )
    
    
    (6,736
    )
    
    
    (673,583
    )Balance, December 31, 2006
    
    
    8,751
    
    
    $
    1,922,554
    
    
    $
    261,942
    
    
    $
    2,184,496
  14




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DEL TACO RESTAURANT PROPERTIES I
 STATEMENTS OF CASH FLOWS
 Years Ended December 31,2006
    
    
    2005
    
    
    2004CASH FLOWS FROM OPERATING ACTIVITIES:Net income
    
    $
    628,012
    
    
    $
    675,603
    
    
    $
    663,712Adjustments to reconcile net income to net
cash provided by operating activities:Depreciation
    
    
    28,948
    
    
    
    40,420
    
    
    
    43,772Changes in operating assets and liabilities:Receivable from Del Taco LLC
    
    
    3,550
    
    
    
    (360
    )
    
    
    1,362Deposits
    
    
    (530
    )
    
    
    699
    
    
    
    (373
    )Payable to limited partners
    
    
    (97
    )
    
    
    17,340
    
    
    
    (10,880
    )Accounts payable
    
    
    4,896
    
    
    
    (5,956
    )
    
    
    8,274Net cash provided by operating activities
    
    
    664,779
    
    
    
    727,746
    
    
    
    705,867CASH FLOWS FROM FINANCING ACTIVITIES:Cash distributions to partners
    
    
    (673,583
    )
    
    
    (711,080
    )
    
    
    (714,071
    )Net (decrease) increase in cash
    
    
    (8,804
    )
    
    
    16,666
    
    
    
    (8,204
    )Beginning cash balance
    
    
    268,272
    
    
    
    251,606
    
    
    
    259,810Ending cash balance
    
    $
    259,468
    
    
    $
    268,272
    
    
    $
    251,606
  15




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DEL TACO RESTAURANT PROPERTIES I
 NOTES TO FINANCIAL STATEMENTS
 NOTE 1  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 The Partnership:
   Basis of Accounting:
 Property and Equipment:
  16




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS - CONTINUED
 NOTE 1  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  (Continued)
 Income Taxes:
 Net Income Per Limited Partnership Unit:
 Use of Estimates:
 Revenue Recognition:
 Concentration of Risk:
  NOTE 2  PARTNERS EQUITY
   17




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS - CONTINUED
 NOTE 3  LEASING ACTIVITIES
   NOTE 4  RELATED PARTIES
     18




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS - CONTINUED
 NOTE 5  INCOME TAXES (UNAUDITED)
   2006
    
    
    2005
    
    
    2004Net income per financial statements
    
    $
    628,012
    
    
    $
    675,603
    
    
    $
    663,712Excess book depreciation
    
    
    17,328
    
    
    
    27,938
    
    
    
    16,567Taxable income
    
    $
    645,340
    
    
    $
    703,541
    
    
    $
    680,279
  Partners equity per financial statements
    
    $
    2,184,496Issue costs of limited partnership units capitalized for tax purposes
    
    
    637,325Difference in book vs. tax depreciation
    
    
    93,563Other
    
    
    235Partners equity for tax purposes
    
    $
    2,915,619
 19




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS - CONTINUED
 NOTE 6  CASH DISTRIBUTIONS TO LIMITED PARTNERS
  Cash
    
    
    Weighted
    
    
    Number of UnitsDistribution per
    
    
    Average Number
    
    
    Outstanding atLimited Partnership
    
    
    of Units
    
    
    the End ofQuarter Ended
    
    Unit
    
    
    Outstanding
    
    
    QuarterDecember 31, 2003
    
    $
    20.29
    
    
    
    8,751
    
    
    
    8,751March 31, 2004
    
    
    17.90
    
    
    
    8,751
    
    
    
    8,751June 30, 2005
    
    
    20.54
    
    
    
    8,751
    
    
    
    8,751September 30, 2004
    
    
    22.05
    
    
    
    8,751
    
    
    
    8,751Total paid in 2003
    
    $
    80.78December 31, 2004
    
    $
    20.59
    
    
    
    8,751
    
    
    
    8,751March 31, 2005
    
    
    19.72
    
    
    
    8,751
    
    
    
    8,751June 30, 2005
    
    
    19.21
    
    
    
    8,751
    
    
    
    8,751September 30, 2005
    
    
    20.93
    
    
    
    8,751
    
    
    
    8,751Total paid in 2004
    
    $
    80.45December 31, 2005
    
    $
    20.51
    
    
    
    8,751
    
    
    
    8,751March 31, 2006
    
    
    18.36
    
    
    
    8,751
    
    
    
    8,751June 30, 2006
    
    
    17.97
    
    
    
    8,751
    
    
    
    8,751September 30, 2006
    
    
    19.37
    
    
    
    8,751
    
    
    
    8,751Total paid in 2006
    
    $
    76.21
  NOTE 7  RESULTS BY QUARTER (UNAUDITED)
 First
    
    Second
    
    Third
    
    FourthQuarter
    
    Quarter
    
    Quarter
    
    QuarterYear ended December 31, 2006Rental revenues
    
    $
    181,163
    
    
    $
    181,478
    
    
    $
    180,681
    
    
    $
    179,631Net income
    
    
    135,457
    
    
    
    164,119
    
    
    
    165,954
    
    
    
    162,482Net income per
limited partnership
unit
    
    
    15.32
    
    
    
    18.57
    
    
    
    18.77
    
    
    
    18.39Year ended December 31, 2005Rental revenues
    
    $
    191,065
    
    
    $
    201,377
    
    
    $
    194,573
    
    
    $
    193,214Net income
    
    
    144,069
    
    
    
    180,587
    
    
    
    174,645
    
    
    
    176,302Net income per
limited partnership
unit
    
    
    16.30
    
    
    
    20.43
    
    
    
    19.76
    
    
    
    19.94
 20




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DEL TACO RESTAURANT PROPERTIES I  NOTES TO FINANCIAL STATEMENTS - CONTINUED
 NOTE 8  PAYABLE TO LIMITED PARTNERS
  NOTE 9  ACQUISITION OF GENERAL PARTNER
  21




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Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
  
 Item 9A. Controls and Procedures
 (a)
    
    Evaluation of disclosure controls and procedures:
  (b)
    
    Changes in internal controls:
  
 Item 9B. Other Information
  
 PART III
 
 Item 10. Directors and Executive Officers
  Name
    
    Title
    
    AgeShirlene Lopez
    
    President
    
    
    42C. Ronald Petty
    
    President of Development
    
    
    62James D. Stoops
    
    Executive Vice President, Operations
    
    
    54Janet D. Erickson
    
    Executive Vice President, Purchasing
    
    
    50Steven L. Brake
    
    Treasurer
    
    
    34
  (c)
    
    None(d)
    
    No family relationship exists between any such officer of the General Partner.(e)
    
    The following is an account of the business experience during the past five years of each
such officer:
 22




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Shirlene Lopez
 C. Ronald Petty
 James D. Stoops
 Janet D. Erickson
 Steven L. Brake
   23




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Item 11. Executive Compensation
  
 Item 12.
    
    Security Ownership of Certain Beneficial Owners and Management and Related Security
Holder Matters
 (a)
    
    No person of record currently owns more than five percent of limited partnership units of the
Partnership, nor was any person known of by the Partnership to own of record and beneficially,
or beneficially only, more than five percent of such securities.(b)
    
    Neither Del Taco LLC, nor any executive officer or director of Del Taco LLC, owns any limited
partnership units of the Partnership.(c)
    
    The Partnership knows of no contractual arrangements, the operation or the terms of which may
at a subsequent date result in a change in control of the Partnership, except for provisions
in the Partnership agreement providing for removal of the General Partner by holders of a
majority of the limited partnership units and if a material event of default occurs under the
financing agreements of the General Partner.
 
 24




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Item 13. Certain Relationships and Related Transactions
 (a)
    
    No transactions have occurred between the Partnership and any executive officer or director
of its General Partner.During 2006, the following transactions occurred between the Partnership and the General
Partner pursuant to the terms of the partnership agreement.
 (1)
    
    The General Partner earned $6,280 as its one percent share of the net income of
the Partnership.(2)
    
    The General Partner received $6,736 in distributions relating to its one percent
interest in the Partnership.
 (b)
    
    During 2006, the Partnership had no business relationships with any entity of a type required
to be reported under this item.(c)
    
    Neither the General Partner, any director or officer of the General Partner, or any associate
of any such person, was indebted to the Partnership at any time during 2006 for any amount.(d)
    
    Not applicable.
 
 Item 14. Principal Accountant Fees and Services
  Squar Milner
    
    
    KPMG LLP2006
    
    
    2005
    
    
    2005Audit
Fees
    
    $
    14,580
    
    
    $
    1,080
    
    
    $
    12,131Audit-Related
Fees
    
    
    0
    
    
    
    0
    
    
    
    0Tax Fees
    
    
    0
    
    
    
    0
    
    
    
    11,250All Other Fees
    
    
    0
    
    
    
    0
    
    
    
    0Total
    
    $
    14,580
    
    
    $
    1,080
    
    
    $
    23,381
  25




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PART IV
 
 Item 15. Exhibits, Financial Statements Schedules, and Reports on Form 8-K
 (a)(1)
    
    Financial StatementsIncluded in Part II of this report:Report of Independent Registered
Public Accounting Firm  Squar, Milner, Peterson, Miranda & Williamson, LLPReport of Independent Registered Public Accounting Firm  KPMG LLPBalance SheetsStatements of IncomeStatements of Partners EquityStatements of Cash FlowsNotes to Financial Statements(a)(2)
    
    Financial Statement SchedulesSchedule III  Real Estate and Accumulated DepreciationFinancial statement schedules other than those referred to above have been omitted because
they are not applicable or not required.(b)
    
    Reports on Form 8-KDuring the three months ended December 31, 2006, the following report on Form 8-K was
filed:Form 8-K dated November 30, 2006 was filed regarding the merger of Squar, Milner, Miranda &
Williamson, LLP with Peterson & Co. LLP. The name of the post-merger firm is Squar,
Milner, Peterson, Miranda & Williamson, LLP.(c)
    
    Exhibits required by Item 601 of Regulation S-K:
 1.
    
    Incorporated herein by reference, Restated Certificate and Agreement of
Limited Partnership of Del Taco Restaurant Properties I filed as Exhibit 3.01 to
Partnerships Registration Statement on Form S-11 as filed with the Securities and
Exchange Commission on December 17, 1982.2.
    
    Incorporated herein by reference, Amendment to Restated Certificate and
Agreement of Limited Partnership of Del Taco Restaurant Properties I.3.
    
    Incorporated herein by reference, Form of Standard Lease to be entered into
by partnership and Del Taco LLC, as lessee, filed as Exhibit 10.02 to Partnerships
Registration Statement on Form S-11 as filed with the Securities and Exchange
Commission on December 17, 1982.31.1
    
    Shirlene Lopezs Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200231.2
    
    Steven L. Brakes Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200232.1
    
    Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 26




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##### Table of Contents



DEL TACO RESTAURANT PROPERTIES I  SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
DECEMBER 31, 2006
 Cost capitalized
    
    Gross amount atInitial cost
    
    subsequent to
    
    which carried atto company
    
    acquisition
    
    close of period
    
    
    
    
    
    
    
    
    
    
    
    
    
    Life on whichLand
    
    Building &
    
    
    
    Land, buildings &
    
    
    
    
    
    
    
    
    
    
    
    
    
    depreciation in latestDescription
    
    
    
    
    
    & land
    
    Improve-
    
    Carrying
    
    improvements
    
    Accumulated
    
    Date of
    
    Date
    
    income statement(All Restaurants)
    
    Encumbrances
    
    improvements
    
    ments
    
    costs
    
    Total
    
    depreciation
    
    construction
    
    acquired
    
    is computedRialto, CA
    
    $
    
    
    
    $
    274,837
    
    
    $
    150,310
    
    
    $
    
    
    
    $
    425,147
    
    
    $
    135,315
    
    
    
    1984
    
    
    
    1984
    
    
    20 (LI), 35 (BI)Moreno Valley, CA
    
    
    
    
    
    
    353,557
    
    
    
    193,362
    
    
    
    
    
    
    
    546,919
    
    
    
    174,071
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)La Verne, CA
    
    
    
    
    
    
    452,423
    
    
    
    247,433
    
    
    
    
    
    
    
    699,856
    
    
    
    222,746
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)Rancho Cucamonga, CA
    
    
    
    
    
    
    293,817
    
    
    
    160,690
    
    
    
    
    
    
    
    454,507
    
    
    
    144,655
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)Sacramento, CA
    
    
    
    
    
    
    260,516
    
    
    
    142,478
    
    
    
    
    
    
    
    402,994
    
    
    
    128,266
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)Rancho Cucamonga, CA
    
    
    
    
    
    
    217,332
    
    
    
    118,861
    
    
    
    
    
    
    
    336,193
    
    
    
    107,008
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)$
    
    
    
    $
    1,852,482
    
    
    $
    1,013,134
    
    
    $
    
    
    
    $
    2,865,616
    
    
    $
    912,061
 AccumulatedRestaurants
    
    DepreciationBalances at December 31, 2003:
    
    $
    2,865,616
    
    
    $
    798,921Additions
    
    
    
    
    
    
    43,772Retirements
    
    
    
    
    
    
    Balances at December 31, 2004:
    
    
    2,865,616
    
    
    
    842,693Additions
    
    
    
    
    
    
    40,420Retirements
    
    
    
    
    
    
    Balances at December 31, 2005:
    
    
    2,865,616
    
    
    
    883,113Additions
    
    
    
    
    
    
    28,948Retirements
    
    
    
    
    
    
    Balances at December 31, 2006:
    
    $
    2,865,616
    
    
    $
    912,061
   27




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##### Table of Contents



SIGNATURES
  DEL TACO RESTAURANT PROPERTIES Ia California limited partnershipDel Taco LLC
General PartnerDate March 23, 2007
    
    Shirlene Lopez

Shirlene LopezPresidentDate March 23, 2007
    
    C. Ronald Petty

C. Ronald PettyPresident of DevelopmentDate March 23, 2007
    
    Steven L. Brake

Steven L. BrakeTreasurer
 28




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##### Table of Contents



EXHIBIT INDEX
 Exhibit
    
    Description1.
    
    Incorporated herein by reference, Restated Certificate and Agreement of
Limited Partnership of Del Taco Restaurant Properties I filed as Exhibit 3.01 to
Partnerships Registration Statement on Form S-11 as filed with the Securities and
Exchange Commission on December 17, 1982.2.
    
    Incorporated herein by reference, Amendment to Restated Certificate and
Agreement of Limited Partnership of Del Taco Restaurant Properties I.3.
    
    Incorporated herein by reference, Form of Standard Lease to be entered into
by partnership and Del Taco LLC, as lessee, filed as Exhibit 10.02 to Partnerships
Registration Statement on Form S-11 as filed with the Securities and Exchange
Commission on December 17, 1982.31.1
    
    Shirlene Lopezs Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200231.2
    
    Steven L. Brakes Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200232.1
    
    Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 29