do some of you have better resolution pictures than I do? what is up with all the "its rusted to heck and gone". Its a normal looking city bike in SF as far as I can tell. if its used outside at all it gets that sort of corrosion and surface rust. its a city with salty fog.
It looks like a great place to spend a bit of money, learn some things, and end up with a bike worth putting about on. as long as you aren't looking to sell it for what you put into it-- you will have transportation!
but if you are new to biking in the area, be prepared for it to get stolen if you ever leave it outside.. and even if you leave it inside.