I love the black/red combo of this Pannonia TL250F, which has been “fully restored” (though it is missing the tank emblem and pinstriping).
Pannonia was a Hungarian manufacturer that started selling bikes in 1952 and went out of business in 1975. For more information on the company, check out this history from AutoSoviet.
Find this Pannonia TL250F for sale in Bakersfield, California with bidding up to $205 and the reserve not yet met