I guess I assumed it was fairly ‘stock’ aesthetic wise, owner didn’t mention it was stock.
Updated with mileage: ~24k
Mileage doesn't scare me at all.
It is definitely not stock appearing with the addition of the front fairing and the King/Queen/sissy bar seat. (BTW, I think the seat is a really cool period piece!) These are not hard to reverse back to stock.
The question you have to ask yourself is: Do you want to immerse yourself in this SOHC culture and learn and build this bike yourself. Some want a quick fix and some want to stay for the long haul and learn. Old bikes need constant love compared to a modern ride. Some people want the nostalgia but not the work.
You decide.
To Bankerdanny's point, you can spend little to get the bike back to original spec and driving down the road. You can then go forward with upgrades that make it more reliable and better driving as funds and time dictate.
To give you some perspective, I don't mind laying out my last 1974 cb550 build.
I spent $2583 all in, and I mean every cent including original purchase price. I do admit I got it VERY cheap from a friend for $200 with no title.
Here is the list with a complete top end check & clean up.
carb rebuild kits
Gaskets, air filter, carb boots, etc from four into one
complete gasket set, rubber head pucks
pamco ignition / coils, wires & caps.
Parts Unlimited Chain and Sprocket Kit 17-37 530 chain 100L. Grips, crank case cover gasket.
choke butterfly screws
Tires
Brake caliper piston seal #45108-300-003. Parts n more
Replica Kawasaki - Complete Brake Master Cylinder - 14mm 4 into 1
carb spigot O rings #91302-001-020 - 30.8 mm
Stainless Steel Brake Line Kit - Clear - 35 Degree Caliper Mount - Honda CB360/450/500/550/750.
Fork Seal - 91255-KBH-003
Saddlemen Saddle Skins Replacement Seat Cover with seat strap
fork tubes
paint
superbright LED / signal & brake lights
cognito moto / LED H4 headlight & housing
front disk drilling & pads
Delkevic exhaust
Regulator rectifier
Battery
Horn
Gauge bases
Tank rubber
Fuse holder & supplies
Vacuum line & fuel drain line
Starter cover
All balls steering bearings
Ikon shocks 76-4002
KBS Tank liner
So I have a $2600 bike in parts not including labor. Is it worth that on the open market? Maybe and I hope more but I am not betting on it. Watch Barrett Jackson and see what cars go for.
I'm not doing it for the money. Yes, some recognize the build quality will and pay more.
Before & afta:
Added the Ikon shocks and seat strap after these pictures. Also cut & buffed the tank and added a 4" decal rather than the 3" pictured.