1972 HONDA MOTORCYCLE COMPRESSION PROBLEM?

I'm looking to buy a 1972 Honda CL350 and it has low compression…60psi in the left and none in the right. The guy I'm purchasing from said he was in the process of a rebuild and replaced the piston rings and seals. He said he purchased it running but it has not run in about 2-3 years. What could be causing the low compression? I realize it could be multiple things but what would be a ballpark figure be $$$-wise to fix?

You probably have an intake or exhaust valve hung open if there's no compression at all.
Easy fix.

He should give it to your for free considering the valve job you will have to have done on it.

Don't pay more than a couple hundred. Unless the tins and pipes are pristine, it isn't worth much with a toasted engine. What size is the current bore and what size pistons/rings did he buy?

Likely will need bore/hone, new valve guides, oil seals, whole you are at it, inspect oil pump and toss in a fresh cam chain and tensioner if the wheels are falling apart

Are you sure you want to buy a 42 year old bike? Parts can be tough to find (and a bike that old WILL need parts) and unless you can do the work yourself it's going to very expensive.