The best thing it has going for it it is, it appears to be structurally sound. I would like to see one string on there to better judge the draft angle. Going by the bridge height, and just guessing it isn't that far off, I'd say it's okay. All the hardware is there on the husk of an Alembic. The electronics are shot. The pickups are a maybe. The wood is a mess, but if one were to refinish in an opaque or dark tint, it'll be okay. Frets don't look too bad.
I'm no good at this part, because I'm a sentimental fool, but you can occasionally buy a pretty decent used Epic for what he's asking. I don't like low-balling guys, but even if I do the work to this bass using Alembic components and my time, I might well have another $1000 in it, best-case scenario. That kinda' limits what I could offer and stay in the ballpark of what it's generally worth if I had to sell it. (I'm talking break-even sell, not flip-for-$)
That said- if I did take it on, when I got through, it'd be one sweet Epic. No reason not to do some wild custom tricks not usually seen on these.
Mica has a very sharp eye for detail, and will see something that I've missed, so I would definitely reach out to her.