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SELECT 
  lang.name, 
  IF(
    cscart_ult_language_values.value IS NULL, 
    lang.value, cscart_ult_language_values.value
  ) as value 
FROM 
  cscart_language_values lang 
  LEFT JOIN cscart_ult_language_values ON cscart_ult_language_values.name = lang.name 
  AND company_id = 2 
  AND cscart_ult_language_values.lang_code = lang.lang_code 
WHERE 
  lang.lang_code = 'en' 
  AND lang.name IN (
    'call_requests.error_validator_phone', 
    'call_requests.error_validator_phone'
  )

Query time 0.00028

Explain
id	select_type	table	type	possible_keys	key	key_len	ref	rows	Extra
1	SIMPLE	lang	range	PRIMARY	PRIMARY	392		1	Using index condition
1	SIMPLE	cscart_ult_language_values	eq_ref	PRIMARY	PRIMARY	396	mahm3t_cs443.lang.lang_code,mahm3t_cs443.lang.name,const	1

Result

name	value
call_requests.error_validator_phone	The phone number in the <b>[field]</b> field is invalid.