"Create localized Asset" does not show the language options

Hey everyone, I am using 4.27 and trying to use the localization dashborad. I got the text translation working, I can even change the language runtime. However when I try to create localized assets, the “create localized asset” only shows the native language.
I tried creating the L10N folder structure manually, still did not work. Options are still missing, and even i restart the level after the language change, assests does not get localized. Tried restarting the editor as well.
All the tutorials i have found just smoothly selects the languages from the dropdown menu and they are good to go.

What could be the problem here?