SELECT 
  product_id, 
  feature_id, 
  variant_id 
FROM 
  cscart_product_features_values 
WHERE 
  product_id IN (262345, 264652, 264653, 264654) 
  AND feature_id IN (697, 940) 
  AND lang_code = 'en'

Query time 0.00113

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "4.23"
    },
    "table": {
      "table_name": "cscart_product_features_values",
      "access_type": "range",
      "possible_keys": [
        "PRIMARY",
        "fl",
        "lang_code",
        "product_id",
        "fpl",
        "idx_product_feature_variant_id"
      ],
      "key": "lang_code",
      "used_key_parts": [
        "lang_code",
        "feature_id",
        "product_id"
      ],
      "key_length": "12",
      "rows_examined_per_scan": 8,
      "rows_produced_per_join": 8,
      "filtered": "100.00",
      "using_index": true,
      "cost_info": {
        "read_cost": "2.63",
        "eval_cost": "1.60",
        "prefix_cost": "4.23",
        "data_read_per_join": "6K"
      },
      "used_columns": [
        "feature_id",
        "product_id",
        "variant_id",
        "lang_code"
      ],
      "attached_condition": "((`webmarco`.`cscart_product_features_values`.`product_id` in (262345,264652,264653,264654)) and (`webmarco`.`cscart_product_features_values`.`feature_id` in (697,940)) and (`webmarco`.`cscart_product_features_values`.`lang_code` = 'en'))"
    }
  }
}

Result

product_id feature_id variant_id
262345 697 63647
264652 697 63646
264653 697 63646
264654 697 63647
262345 940 63947
264652 940 63947
264653 940 63948
264654 940 63948