you can hear it at the beginning as well, but, yes, it is all that low but you are hearing the octave and the 12th and the double octave as well as several higher order harmonics
The sound reminds me of the settings I used to use on a pedal based graphic eq at the start of the 80's to get my tone for some of the really brash pop and snap style of bass playing ala Brothers Johnson/Larry graham/Stanley Clarke it was a 7 band unit spaced in octaves so that the bands were centered on
50, 100, 187, 375, 750, 1500, 3000 more or less and I set it so that the gain was +12,-12,+12,-12,+12,-12,+12 (drastic but it got the sound I wanted - I'd be far more subtle these days, having access to multi-band parametric eqs and all - a luxury not able to be afforded even a decade ago)