Broken Nakamichi CA-7A phono

You got a bad phono stage in there. Shipping back for refund is a hassle, but will come to be seen as a lucky break once you find something better for the same or less. Good luck.

Thanks for the response. I will ask the seller to accept the item back.

Is there anyway this can be repaired or it looks behind repair? And, what do you call this noise? 

Sounds like feedback. Double check to see if your plugged into the correct input and that the switches are in the proper positions. If all is good, then I'm with mc, send it back or negotiate a partial refund to pay for the fix. I bet the seller didn't test the phono stage. 

Thanks, feedback persists even without connecting any phono input (as soon as Phono input is chosen. Every other input is good - Aux, Tape, CD)

Can it be fixed? How much will it typically cost?

Thanks!

Hard to say, techs charge between $60.00 - $90.00 just to diagnose, then the estimate. Probably worth fixing tho, that is a very flexible preamp. I certainly would contact the seller, explain the situation and see what he offers to start.

Get your 900 bucks back and buy something new for the same amount that you spent on that 30+ year old preamp. This would fit the bill! 
https://www.audioadvisor.com/prodinfo.asp?number=PAC200PRE

Please tell me you fixed that Nak ca-7a? The first plain old ca-7 was very nice. But I kept hearing about the phono stage in the ca-7Aii, which I now have. And they were correct! The entire pre-amp is better. I tryed twice on eBay with bo the being sold as mint. For $800-950 for each. But both had issues. I ended up paying the actual going rate for one in mint cond. "$1650" . But well worth the price. If you ever get the Chance, take the top off the ca-7, or any Nak unit of that era and you Will see why they are so special! As far as buying a new pre for $900 that sounds simply "As good"? That is NEVER GOING TO HAPPEN! That Nak when you adjust? About $4500 in today's money! The Nak though old? Is several levels above that "Parasound" which was offered.... And remember, the ca-7 and pa-7 models were Nelson Pass designs. With his "Stasis" Architecture!
Awesome gear still!