##### 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,
2005

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)                                      

Registrants telephone number, including
area code: (949) 462-9300

Securities registered pursuant to section 12(b)
of the Act: None

Securities registered pursuant to section 12(g)
of the Act: None

Indicate by check mark if the registrant is a
well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes   No X

Indicate by check mark if the registrant is not
required to file reports pursuant to Section 13 or Section 15(d) of the Exchange
Act.  Yes   No X

Indicate by check mark whether the registrant (1)
has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.     Yes X     No

DOCUMENTS INCORPORATED BY REFERENCE

Portions of the registrants Form S-11
Registration Statement filed December 17, 1982 are incorporated by reference into Part IV of this report.

Indicate by check mark whether the registrant is
a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of accelerated filer
and large accelerated filer in Rule 12b-2 of the Exchange Act.

Large accelerated filer           Accelerated
filer           Non-accelerated
filer X

Indicate by check mark whether the registrant is
a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes   No X



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TABLE OF CONTENTS  PART IItem 1. BusinessItem 2. PropertiesItem 3. Legal ProceedingsItem 4. Submissions of Matters to a Vote of Security HoldersPART IIItem 5. Market for the Partnerships Common Equity and Related Security Holder MattersItem 6. Selected Financial DataItem 7. Managements Discussion and Analysis of Financial Condition and Results of OperationsItem 7A. Quantitative and Qualitative Disclosures About Market Risk.Item 8. Financial StatementsItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A. Controls and ProceduresPART IIIItem 10. Directors and Executive Officers of the Partnerships General PartnerItem 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 31.1EXHIBIT 31.2EXHIBIT 32.1    Table of Contents  
 PART I
 
 Item 1. Business
    2




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Item 2. Properties
  Date of CommencementAddress
    
    City, State
    

Date of Acquisition
    

Restaurant 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. Submissions of Matters to a Vote of Security Holders
  3




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PART II
 
 Item 5. Market for the Partnerships Common Equity and Related Security Holder Matters
  
 Item 6. Selected Financial Data
  Years Ended December 31,2005
    
    
    2004
    
    
    2003
    
    
    2002
    
    
    2001Rental revenues
    
    $
    780,229
    
    
    $
    772,133
    
    
    $
    738,302
    
    
    $
    671,021
    
    
    $
    637,217General and administrative
expense
    
    
    68,833
    
    
    
    68,345
    
    
    
    68,221
    
    
    
    52,662
    
    
    
    49,469Depreciation expense
    
    
    40,420
    
    
    
    43,772
    
    
    
    43,772
    
    
    
    43,772
    
    
    
    43,772Interest and other income
    
    
    4,627
    
    
    
    3,696
    
    
    
    3,387
    
    
    
    3,885
    
    
    
    6,837Net income
    
    
    675,603
    
    
    
    663,712
    
    
    
    629,696
    
    
    
    578,472
    
    
    
    550,813Net income per limited
partnership unit
    
    
    76.43
    
    
    
    75.09
    
    
    
    71.24
    
    
    
    65.44
    
    
    
    62.31Cash distributions per
limited partnership unit
    
    
    80.45
    
    
    
    80.78
    
    
    
    73.33
    
    
    
    69.02
    
    
    
    65.14Total assets
    
    
    2,316,566
    
    
    
    2,340,659
    
    
    
    2,393,624
    
    
    
    2,396,792
    
    
    
    2,421,831Long-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 31,2005
    
    
    2004
    
    
    2003Riverside Avenue, Rialto, CA
    
    $
    118,890
    
    
    $
    117,855
    
    
    $
    113,123Elden Avenue, Moreno Valley, CA
    
    
    145,747
    
    
    
    132,826
    
    
    
    126,539Foothill Boulevard, La Verne, CA
    
    
    175,281
    
    
    
    167,815
    
    
    
    150,592Baseline & Archibald, Rancho Cucamonga, CA
    
    
    130,835
    
    
    
    137,154
    
    
    
    128,031Elkhorn Boulevard, Sacramento, CA
    
    
    68,494
    
    
    
    74,167
    
    
    
    79,409Haven Avenue, Rancho Cucamonga, CA
    
    
    140,982
    
    
    
    142,316
    
    
    
    140,608Total
    
    $
    780,229
    
    
    $
    772,133
    
    
    $
    738,302
    Percentage
of Total General and Administrative ExpenseYears Ended December 31,2005
    
    
    2004
    
    
    2003Accounting fees
    
    
    59.41
    %
    
    
    55.25
    %
    
    
    53.58
    %Distribution of information
to limited partners
    
    
    38.94
    
    
    
    42.60
    
    
    
    44.70Other
    
    
    1.65
    
    
    
    2.15
    
    
    
    1.72100.00
    
    
    
    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, Reehl & Williamson, LLP
    
    10Report of
Independent Registered Public Accounting Firm 
KPMG LLP
    
    11Balance Sheets at December 31, 2005 and 2004
    
    12Statements of Income for the years ended
December 31, 2005, 2004 and 2003
    
    13Statements
of Partners Equity for
the years ended December 31, 2005, 2004 and 2003
    
    14Statements of Cash Flows for the years ended
December 31, 2005, 2004 and 2003
    
    15Notes to Financial Statements
    
    16-20Schedule III  Real Estate and Accumulated Depreciation
    
    26
 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 31,2005
    
    
    2004ASSETSCURRENT ASSETS:Cash
    
    $
    268,272
    
    
    $
    251,606Receivable from Del Taco, Inc.
    
    
    65,191
    
    
    
    64,831Deposits
    
    
    600
    
    
    
    1,299Total current assets
    
    
    334,063
    
    
    
    317,736PROPERTY 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
    
    
    2,019,139
    
    
    
    1,978,7191,982,503
    
    
    
    2,022,923$
    2,316,566
    
    
    $
    2,340,659LIABILITIES AND PARTNERS EQUITYCURRENT LIABILITIES:Payable to limited partners
    
    $
    81,974
    
    
    $
    64,634Accounts payable
    
    
    4,525
    
    
    
    10,481Total current liabilities
    
    
    86,499
    
    
    
    75,115PARTNERS EQUITY:Limited partners; 8,751 units outstanding at December 31, 2005
and December 31, 2004
    
    
    1,967,669
    
    
    
    2,002,791General partner-Del Taco, Inc.
    
    
    262,398
    
    
    
    262,7532,230,067
    
    
    
    2,265,544$
    2,316,566
    
    
    $
    2,340,659
  12




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DEL TACO RESTAURANT PROPERTIES I
 STATEMENTS OF INCOME
 Years Ended December 31,2005
    
    
    2004
    
    
    2003RENTAL REVENUES
    
    $
    780,229
    
    
    $
    772,133
    
    
    $
    738,302EXPENSES:General and administrative
    
    
    68,833
    
    
    
    68,345
    
    
    
    68,221Depreciation
    
    
    40,420
    
    
    
    43,772
    
    
    
    43,772109,253
    
    
    
    112,117
    
    
    
    111,993Operating income
    
    
    670,976
    
    
    
    660,016
    
    
    
    626,309OTHER INCOME:Interest
    
    
    3,277
    
    
    
    2,496
    
    
    
    2,162Other
    
    
    1,350
    
    
    
    1,200
    
    
    
    1,225Net income
    
    $
    675,603
    
    
    $
    663,712
    
    
    $
    629,696Net income per limited
partnership unit (note 2)
    
    $
    76.43
    
    
    $
    75.09
    
    
    $
    71.24Number 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, 2005, 2004, and 2003
 Limited Partners
    
    
    GeneralUnits
    
    
    Amount
    
    
    Partner
    
    
    TotalBalance, December 31, 2002
    
    
    8,751
    
    
    $
    2,070,991
    
    
    $
    263,442
    
    
    $
    2,334,433Net Income
    
    
    
    
    
    
    623,399
    
    
    
    6,297
    
    
    
    629,696Cash Distributions
    
    
    
    
    
    
    (641,744
    )
    
    
    (6,482
    )
    
    
    (648,226
    )Balance, 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
    
    
    $
    2,230,067
  14




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DEL TACO RESTAURANT PROPERTIES I
 STATEMENTS OF CASH FLOWS
 Years Ended December 31,2005
    
    
    2004
    
    
    2003CASH FLOWS FROM OPERATING ACTIVITIES:Net income
    
    $
    675,603
    
    
    $
    663,712
    
    
    $
    629,696Adjustments to reconcile net income to net
cash provided by operating activities:Depreciation
    
    
    40,420
    
    
    
    43,772
    
    
    
    43,772Changes in operating assets and liabilities:Receivable from Del Taco, Inc.
    
    
    (360
    )
    
    
    1,362
    
    
    
    (7,947
    )Deposits
    
    
    699
    
    
    
    (373
    )
    
    
    (118
    )Payable to limited partners
    
    
    17,340
    
    
    
    (10,880
    )
    
    
    15,485Accounts payable
    
    
    (5,956
    )
    
    
    8,274
    
    
    
    (123
    )Net cash provided by operating activities
    
    
    727,746
    
    
    
    705,867
    
    
    
    680,765CASH FLOWS FROM FINANCING ACTIVITIES:Cash distributions to partners
    
    
    (711,080
    )
    
    
    (714,071
    )
    
    
    (648,226
    )Net increase (decrease) in cash
    
    
    16,666
    
    
    
    (8,204
    )
    
    
    32,539Beginning cash balance
    
    
    251,606
    
    
    
    259,810
    
    
    
    227,271Ending cash balance
    
    $
    268,272
    
    
    $
    251,606
    
    
    $
    259,810
  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)
   2005
    
    
    2004
    
    
    2003Net income per financial statements
    
    $
    675,603
    
    
    $
    663,712
    
    
    $
    629,696Excess book depreciation
    
    
    27,938
    
    
    
    16,567
    
    
    
    11,642Taxable income
    
    $
    703,541
    
    
    $
    680,279
    
    
    $
    641,338
  Partners equity per financial statements
    
    $
    2,230,067Issue costs of limited partnership units
capitalized for tax purposes
    
    
    637,325Difference in book vs. tax depreciation
    
    
    76,235Other
    
    
    235Partners equity for tax purposes
    
    $
    2,943,862
 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, 2002
    
    $
    18.35
    
    
    8,751
    
    8,751March 31, 2003
    
    
    15.81
    
    
    8,751
    
    8,751June 30, 2003
    
    
    18.85
    
    
    8,751
    
    8,751September 30, 2003
    
    
    20.32
    
    
    8,751
    
    8,751Total paid in 2003
    
    $
    73.33December 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 2004
    
    $
    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 2005
    
    $
    80.45
  NOTE 7  RESULTS BY QUARTER (UNAUDITED)
 First
    
    Second
    
    Third
    
    FourthQuarter
    
    Quarter
    
    Quarter
    
    QuarterYear 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
    
    
    
    19.94Year ended December 31, 2004Rental revenues
    
    $
    188,747
    
    
    $
    194,675
    
    
    $
    196,469
    
    
    $
    192,242Net income
    
    
    143,490
    
    
    
    172,765
    
    
    
    176,129
    
    
    
    171,328Net income per
limited partnership
unit
    
    
    16.23
    
    
    
    19.54
    
    
    
    19.93
    
    
    
    19.39
 NOTE 8
 SUBSEQUENT EVENT
  20




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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:As of the end of the period covered by this annual report, we carried out an evaluation,
under the supervision and with the participation of our management, including our Chief
Executive Officer and Chief Financial Officer, of the effectiveness of the design and
operation of our disclosure controls and procedures. Based on that evaluation, our Chief
Executive Officer and Chief Financial Officer have concluded that these disclosure controls
and procedures are effective in timely alerting them to material information relating to
the Partnership (including its subsidiaries) required to be included in our periodic
Securities and Exchange Commission filings.(b)
    
    Changes in internal controls:There were no significant changes in the Partnerships internal controls over financial
reporting that occurred during our most recent fiscal quarter that materially affected, or
is reasonably likely to materially affect, our internal control over financial reporting.(c)
    
    Asset-Backed issuers:Not applicable.
 
 PART III
 
 Item 10.

    Directors and Executive Officers of the Partnerships General Partner
  Name
    
    Title
    
    AgeKevin K. Moriarty
    
    Director, Chairman and Chief Executive Officer
    
    
    59C. Ronald Petty
    
    President
    
    
    61Robert J. Terrano
    
    Executive Vice President and Chief Financial Officer
    
    
    50James D. Stoops
    
    Executive Vice President, Operations
    
    
    53Janet D. Erickson
    
    Executive Vice President, Purchasing
    
    
    49Shirlene Lopez
    
    Executive Vice President, Operations Services
    
    
    41Michael L. Annis
    
    Senior Vice President, Secretary and General Counsel
    
    
    59
  (c)
    
    None(d)
    
    No family relationship exists between any such director or executive officer of the General
Partner.(e)
    
    The following is an account of the business experience during the past five years of each
such director and executive officer:
 21




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Kevin
K. Moriarty
 C.
Ronald Petty
 Robert J. Terrano
 James D. Stoops
 Janet
D. Erickson
 Shirlene
Lopez
 22




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Michael L. Annis
 
 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, Inc., nor any executive officer or director of Del Taco, Inc. 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.
 23




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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 2005, the following transactions occurred between the Partnership and the General
Partner pursuant to the terms of the partnership agreement.
 (1)
    
    The General Partner earned $6,756 as its one percent share of the net income of
the Partnership.(2)
    
    The General Partner received $7,111 in distributions relating to its one percent
interest in the Partnership.
 (b)
    
    During 2005, 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 2005 for any amount.(d)
    
    Not applicable.
 
 Item 14.

    Principal Accountant Fees and Services
  Squar
    
    
    KPMG LLP2005
    
    
    2005
    
    
    2004Audit Fees
    
    $
    1,080
    
    
    $
    12,131
    
    
    $
    10,800Audit-Related Fees
    
    
    0
    
    
    
    0
    
    
    
    0Tax Fees
    
    
    0
    
    
    
    11,250
    
    
    
    11,187All Other Fees
    
    
    0
    
    
    
    0
    
    
    
    0Total
    
    $
    1,080
    
    
    $
    23,381
    
    
    $
    21,987
  24




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##### Table of Contents



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, Reehl & 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 Depreciation

Financial 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, 2005, the following report on Form 8-K was
filed:On October 28, 2005, Form 8-K was filed regarding the dismissal of KPMG LLP as the
Partnerships independent registered public accounting firm and the selection of Squar,
Milner, Reehl & Williamson, LLP as the Partnerships new independent registered public
accountants.(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, Inc., 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
    
    Kevin K. Moriartys Certification Pursuant to Section 302 of the Sarbanes-Oxley Act
of 200231.2
    
    Robert J. Terrano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
 25




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##### Table of Contents



DEL
TACO RESTAURANT PROPERTIES I  SCHEDULE III
REAL ESTATE AND ACCUMULATED DEPRECIATION
DECEMBER 31, 2005
 
 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
    
    
    $
    131,020
    
    
    
    1984
    
    
    
    1984
    
    
    20 (LI), 35 (BI)Moreno Valley, CA
    
    
    
    
    
    
    353,557
    
    
    
    193,362
    
    
    
    
    
    
    
    546,919
    
    
    
    168,546
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)La Verne, CA
    
    
    
    
    
    
    452,423
    
    
    
    247,433
    
    
    
    
    
    
    
    699,856
    
    
    
    215,676
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)Rancho Cucamonga, CA
    
    
    
    
    
    
    293,817
    
    
    
    160,690
    
    
    
    
    
    
    
    454,507
    
    
    
    140,064
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)Sacramento, CA
    
    
    
    
    
    
    260,516
    
    
    
    142,478
    
    
    
    
    
    
    
    402,994
    
    
    
    124,195
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)Rancho Cucamonga, CA
    
    
    
    
    
    
    217,332
    
    
    
    118,861
    
    
    
    
    
    
    
    336,193
    
    
    
    103,612
    
    
    
    1985
    
    
    
    1985
    
    
    20 (LI), 35 (BI)$
    
    
    
    $
    1,852,482
    
    
    $
    1,013,134
    
    
    $
    
    
    
    $
    2,865,616
    
    
    $
    883,113
 AccumulatedRestaurants
    
    DepreciationBalances at December 31, 2002:
    
    $
    2,865,616
    
    
    $
    755,149Additions
    
    
    
    
    
    
    43,772Retirements
    
    
    
    
    
    
    Balances 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
    
    
    $
    883,113
   26




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##### Table of Contents



SIGNATURES
  DEL TACO RESTAURANT PROPERTIES Ia California limited partnershipDel Taco, Inc.General PartnerDate March 17, 2006
    
    Kevin K. MoriartyKevin K. MoriartyDirector, Chairman and ChiefExecutive OfficerDate March 17, 2006
    
    Michael L. AnnisMichael L. AnnisSenior Vice President, Secretary andGeneral CounselDate March 17, 2006
    
    Robert J. TerranoRobert J. TerranoExecutive Vice President andChief Financial Officer
 27




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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, Inc., 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
    
    Kevin K. Moriartys Certification Pursuant to Section 302 of the Sarbanes-Oxley Act
of 200231.2
    
    Robert J. Terrano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
 28