Wow, there's extra hollows in it, yet it still weighs that much? Still, it looks sweet.
That looks like swamp ash, and the weight says it's from too far up the trunk. Only the lower section (below 8' or so) are really light. One of my brothers has some swamp ash G&Ls that are heavy like that. In the 70s is when Fender switched to alder to save money, because the reduced supply of premium swamp ash made it too expensive for the production levels they were at. Alder is a good compromise for weight and tone, is much more plentiful and therefore much less expensive. Poplar is popular in Asian countries for the same reasons.