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It makes no sense to me to buy something this common with bulkheads hacked up UNLESS you feel you can do a good DIY repiar
The real RED flag on the older C27s is the plywood keel sump which can be repaired BUT may not have been and the other issue is a lot of these older boats have raw water cooled motors which is a big issue compared to a freshwater cooled motor (heat exchanger)
I walked away from a 1981 "bargin" C30 with the same issue becasue it had been ignored so long the keel bolts were junk and it had a raw water diesel
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1970 Cal 29 Sea Fever
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1981 J24 Tangent 2930
Tommays
Northport NY
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