The wood veneer from Monopetalanthus species was heated under different temperatures (120 °C, 160 °C, 200 °C, and 240 °C) and then laminated as the surface of laminated veneer lumber (LVL). Bending modulus of elasticity (MOE), modulus of rupture (MOR), and impact toughness (IT) of the LVL were tested. The results showed that the failure location became scattered as the surface veneer carbonization temperature was increased and that the failure mode changed from split failure in the control and the 120 °C samples to crack failure in the 160 °C, 200 °C, and 240 °C samples under the bending load. Fiber tearing was visible in all five sample types, where the length of the tearing fibers became shorter with increased surface heating temperature under impact load. The carbonization temperature of surface veneer had a minimal effect on the MOE but a considerable effect on the MOR and IT, and the MOR mainly showed a downtrend. The IT loss decreased as the surface veneer carbonization temperature was increased.