Put a Fender headstock and logo on this and it suddenly becomes a $300 guitar. Alder body, pretty decent pieces.
Floating tremolo, includes bar, could use a buffing. Pickups look to be Hoshino/Ibanez design/style. Wiring allows all three pickups on at once (with a blower/override switch). An incredible beginner and great backup guitar.
Add $10 for a gig bag.