yes. such buildings literally blanket my neighborhood. lot (and block) sizes in the US are huge for urban development.
https://urbanomnibus.net/2016/04/201604typecast-the-row-hous...
The buildings with more than 2 or 3 units tends to be on double or triple lots.
Sure I could see fitting 20 studios in a lot that size but SF needs a variety of housing. Housing for families, etc. Studios or even 1 beds won’t fit the need.