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1970's MIJ Alvarez 5023 acoustic guitar (needs neck reset)

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For your consideration is a vintage 1970's Alvarez acoustic guitar. To be honest...this one is either in need of a neck reset, or is ready to go for slide guitar...the action is INCREDIBLY high. Sky high. 

Headstock is in pretty good shape...a few nicks and dings, but nothing detrimental. Tuners work well. Back of the neck has a small vertical crack. Frets and fretboard look to be in great shape for its age. Body has a few nicks and dings, but nothing detrimental. 

Not the loudest voice, has a smaller, tinnier (in a plesasing way) voice. 

Fresh case or bag.