Yes, it is. It combines the adjective good with the participle looking.
be goodlooking
Be happy in yourself
goodlooking,sexy,fine
pretty, fair, beautiful, goodlooking
They are bela and malbela.
Cambodian people are goodlooking, reserved, friendly, and gentle.
The most goodlooking/the handsomest/the best-looking (male)
In a personal ad, it stands for: "goodlooking bisexual white male."
30 Rock - 2006 Alexis Goodlooking and the Case of the Missing Whisky 6-10 was released on: USA: 1 March 2012
The most goodlooking/the handsomest/the best-looking (male)
Either "guapo / guapa", or "bien parecido/parecida".
A compound word for a male with a fine appearance is goodlooking.