University Square #1 is a cooperative apartment building. That means you buy a share of the association/corporation and receive an occupancy certificate for your apartment. So you are an owner, not a renter. There is a monthly fee that covers everything (taxes, utilities, and maintenance of common areas) except telephone/cable/internet. Owners are responsible for decoration of their units. Indoor and outdoor parking is available. Both purchase prices and monthly fees are very reasonable, especially for the heart of Oakland.
The corporation has hired a management company which staffs the building 24/7/365 and does an excellent job.
Apartments vary from 2-bedroom 1-bath to 3-bedroom 2-bath. They are solid, quiet, and comfortable.

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