There's definitely some relatable and transmitted stories like the flood, etc. However, the Levant and Egyptian gods "grew up" in different contexts than Mesopotamia. Egypt was pretty centralized from the beginning and their gods were not based on cities. "El" means mountain and Baal was a storm god -- neither of which has (to my understanding) any trace to specific cities.

That said, I agree there was some idea of a god "living" someplace specific -- e g. YHWH living in the Arc so they could carry Him into battle.