Delete words in a line using grep or sed

Awk accepts a regex Field Separator (in this case, comma or space):

$ awk -F'[ ,]' '$0 = $3 "." $4' <<< '\cf4 \cb6 1749,1789 \cb3 \'
1749.1789

• -F'[ ,]' - Use a single character from the set space/comma as Field Separator
• $0 = $3 "." $4 - If we can set the entire line $0 to Field 3 $4 followed by a literal period "." followed by Field 4 $4, do the default behavior (print entire line)

Replace <<< 'input' with file if every line of that file has the same delimeters (spaces/comma) and number of fields. If your input file is more complex than the sample you shared, please edit your question to show actual input.