Interesting truss rod, and the strings look like they might be laying on the frets at that end of the neck. Is it just a shim problem, or are the strings tuned down an octave for the pics?
The "relic" work looks pretty good, actually, but it may be something someone whipped up - searching for something actually spelled MENPHIS didn't turn up anything, and was M1J supposed to suggest Japanese (aka Made-in-Japan/MIJ) origin? Weird.
But, for a cheap bass for [home] recording, P-bass clones are a good place to start. Those long necks really need hands-on, IMO, i.e., before thowing down $, because if the neck is bad, they are rarely worth the repair cost.