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Nonsense, you can find a nice CB350 K0 for $1000 or less no problem. Finding one on ebay for that price might be a bit more difficult, but if you're looking for a project and not a pristine original, you should be fine.
There's one for sale in my shop. Can't remember the year, though. If it's a K0, do you want me to ask the owner? She wants to sell it.