In this paper we present the results on the polarimetric and spectroscopic observations of the potentially hazardous Asteroid (214869) 2007 PA8 obtained during its favorable apparition in October-November 2012, when it approached the Earth at the minimal distance of 0.043 AU. Polarimetry was carried out at the NOT in the B, V, R, and I bands covering both low (12-23 degrees) and large phase angles (88-99'). Spectroscopy in the visible and near infrared range was obtained at the TNG telescope. The spectrum of 2007 PA8 shows silicates absorption features and a behavior consistent with a Q-type classification. The olivine and pyroxene BI band is centered at 0.9578 +/- 0.0042 mu m, with a band depth of 16.5%, the BII band is centered at 1.95 +/- 0.01 mu m, and it has a band depth of about 3.9%. The 2007 PA8 spectral parameters are consistent with those of L chondrites. Also the spectral comparison with meteorites gives the L-type chondrites, and L6 in particular, as best match. The NEA (214869) 2007 PA8 is the forth moderate albedo asteroid and the first Q-type asteroid for which the value of the polarization maximum is determined. The inversion angle of the polarization curve in the V filter is 19.0 1.1 degrees, the corresponding slope parameter (h) is of 0.078 +/- 0.010%/, the maximum value of polarization is 5.99 +/- 0.16%, and the extreme value of negative polarization is estimated to be lower than -0.52%. Using the polarimetric slope we derive a geometric albedo of 0.29 +/- 0.08 in the V band, that gives an estimated diameter of 1.4 +/- 0.2 km, assuming an absolute H-nu magnitude of 16.2 mag. We find a strong dependence of the polarization in the B, V, R, and I bands with wavelength, and the polarimetric albedo in the four bands is strongly correlated with the asteroid's spectrum. The 2007 PA8 polarimetric properties resemble those of other 2 NEAs, 1566 Icarus and 25143 Itokawa, which are both S(IV)/Q type. Our spectral and polarimetric analysis indicate that 2007 PA8 has a young and fresh surface almost unweathered, similar to L-type chondrites. These results, together with dynamical simulations made by Nedelcu et al. (Nedelcu, D. A., Birlan, M., Popescu, M., Badescu, O., Pricopi, D. [2014]. Astron. Astrophys. 567, L7, 5pp.) and Nesvorny et al. (Nesvorny, D., Vokrouhlicky, D., Morbidelli, A., Bottke, W. F. [2009]. Icarus 200, 698-701), indicate that 2007 PA8 may be a member of the Gefion family recently ejected from the 5:2 resonance and a potential source of L chondrites. (C) 2014 Elsevier Inc. All rights reserved.