Indeed, the photos do show a potentially restorable car. I've seen a couple painted in that green tone and personally find it a good color on an L. That green is one of just a few colors than can handle the black rubber front bumper, IMHO.
But the areas of scaly surface rust on the painted portions of the car make me wonder more about the areas that didn't just see moisture in the last 35 years, but served as collection points.
-- all suspension mounts
-- bottom of doors
-- bottom of 'B' pillars
-- windshield corners
-- lower front valance and radiator crossmember
-- front edge of hood
-- rear bottom of front fenders
Still unknown ZF.
I'm still at $2,500.00