The quantitative genetic properties are derived for the bulk F2 originating from random fertilization (RF) amongst hybrid (F1) individuals. Only its mean appears to have been derived previously, and that definition is confirmed (by another method). New general equations are found also for all genotype frequencies, allele frequencies, inbreeding coefficient, the genotypic, additive-genetic and dominance variances, and broad-sense and narrow-sense heritabilities. The assumption that such an F2 is a classical RF population is shown to be correct. Indeed, the allogamous F2 is a natural origin for the RF population. The relationships are given between precedent RF populations (parents) and subsequent RF populations following hybridization (allogamous F2). The allogamous F2 is generally inbred with respect to its parental F1, the degree depending on the hybrid's parents' allele frequencies. At the same time, it is outbred with respect to those original parents, and not inbred at all with respect to the equivalent RF population. The genotypic variance is generally more than in the F1, and likewise for heritabilities. These findings make it possible to evaluate the genetic advance from selection and hybridization. The results depend on the allele frequencies of the original parents and the degree of overdominance, but generally, selection is more advantageous than hybrid vigour.