It’s already happening. The old radio tower on la cienaga was bought by a san fran developer who abused a loophole designed to prevent this.
Law says you can’t build more than two stories above your “neighbors” (as defined as structures within a quarter mile). But they bought a farkin radio tower! So they bulldozed it a put up another ‘nother ‘nother luxury condo tower with a farkin whole foods in the fist floor.