I am posting in the general "Darkroom Equipment" forum, but please forgive me if this is not the correct forum to post on - I am new and still learning to navigate the forums.
You're doing fine!
Personally I would consider $600 a reasonable price for a relatively modern second-hand 4x5" enlarger
in complete and working order. Of course, the bandwidth on market prices for such equipment is huge, so YMMV. Your location is listed as LA, which I expect is a relatively rich hunting ground for second hand darkroom equipment (as US metropolitan areas often are).
What would be included in this particular setup; e.g. what kind of head, other accessories etc? Is the power supply missing, or is it defective?
In terms of a power supply, if it only powers the bulb, you could get a generic DC switch-mode power supply (eBay, AliExpress etc.) with adjustable output voltage and a sufficient power rating. Simply wire this to an AC plug and plug it into a timer of your choice. You could build a case for it (ensure proper ventilation) for safety & aesthetics. This is probably cheaper & quicker than trying to find the dedicated power supply. The unit may end up being physically smaller as well. A generic power supply that would work for this setup can be had for around $50. Add a few bucks for wiring, a plug and finishing (boxing it up).